Finding Compound Interest In Programming

Introduction
  • In this blog, I am going to explain how to find the compound interest in C programming. 
Software Requirements
  • Turbo C++ or C.
Programming
  1. #include < stdio.h >   
  2. #include < math.h > int main()   
  3. {  
  4.     float amount, rate, time, CI;  
  5.     printf("Enter principle (amount): ");  
  6.     scanf("%f", & amount);  
  7.     printf("Enter time: ");  
  8.     scanf("%f", & time);  
  9.     printf("Enter rate: ");  
  10.     scanf("%f", & rate);  
  11.     CI = amount * (pow((1 + rate / 100), time) - 1);  
  12.     printf("Compound Interest = %f", CI);  
  13.     return 0;  
  14.   
Explanation
  • In the programming, given above, the compound interest can be calculated by a simple formula and it can be in a simple manner.

     programming
Output

Output

Conclusion
  • Thus, the program can be executed and printed successfully.
X

Build smarter apps with Machine Learning, Bots, Cognitive Services - Start free.

Start Learning Now