# Answer to Question #14125 in C++ for kajol

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

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment