Question #14125

Write a program to compute simple interest and compound interest

Expert's answer

#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("

Compound interest = %f",ci);

return 0;

}

Output :-

Enter principal amount : 48500

Enter interest rate : 6

Enter time period in year : 2

Compound interest = 5994.600098

#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("

Compound interest = %f",ci);

return 0;

}

Output :-

Enter principal amount : 48500

Enter interest rate : 6

Enter time period in year : 2

Compound interest = 5994.600098

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