Question

write a Java Program for to enter principal amount, rate of interest and time. Calculate and print the Simple interest and compound interest and difference between them.

Answer 1

import java.util .*;
public class sici
{
public static void main (String args[ ])
{
double pr, rate, t, si,ci;
Scanner sc=new Scanner (System. in); System.out.println("Enter the amount:"); pr=sc.nextDouble();
System. out. println("Enter the No.of years:"); t=sc.nextDouble();
System. out. println("Enter the Rate of interest");
rate=sc.nextDouble();
si=(pr * t * rate)/100;
ci=pr * Math.pow(1.0+rate/100.0,t) - pr; System.out.println("Simple Interest="+sim); System.out. println("Compound Interest="+com);
}
}