Question

read principal rate and time and display simple interest​

Answer 1

Answer:

public class Main.

{

public static void main (String args[])

{ float p, r, t, si; // principal amount, rate, time and simple interest respectively.

p = 13000; r = 12; t = 2;

si = (p*r*t)/100;

System.out.println("Simple Interest is: " +si);

}}

Explanation:

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Answer 2

Answer:

Following principal rate and time and display simple interest:

• Calculate Total Amount Accrued (Principal + Interest), solve for A.

• A = P(1 + rt) Calculate Principal Amount, solve for P.

• P = A / (1 + rt) Calculate rate of interest in decimal, solve for r.

• r = (1/t)(A/P - 1) Calculate rate of interest in percent.

• Calculate time, solve for t.

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