Showing posts with label calculate compound interest. Show all posts
Showing posts with label calculate compound interest. Show all posts

1.21.2012

Compound Interest

Q. Write an interactive program to calculate compound interest.

Ans.

/*c program for calculate compound interest*/
#include<stdio.h>
#include<math.h>
#include<conio.h>
int main()
{
 float p,rate,time,ci;
 printf("Enter principal amount : ");
 scanf("%f", &p);
 printf("Enter interest rate : ");
 scanf("%f", &rate);
 printf("Enter time period in year : ");
 scanf("%f", &time);
 //calculate ci
 ci=p*(pow((1+rate/100),time)-1);
 printf("\nCompound interest = %f",ci);
 return 0;
}

Output :-

Enter principal amount : 48500
Enter interest rate : 6
Enter time period in year : 2
Compound interest = 5994.600098


You might also like to read related program:
  1. Simple Interest C Program