Question

How to make a compound interest program
in java programming??

Answer 1

class CompundInterest
{
public static void main(String args[])
{

double amount=0,principle=1000,rate=10,time=3,ci;
System.out.println("principle= "+principle);

System.out.println("rate="+rate);

System.out.println("time="+time);

amount=principle*((1+rate/100)*(1+rate/100)*(1+rate/100));

System.out.println("amount="+amount);

ci=amount-principle;

System.out.println("compound interest="+ci);

}
}