Question

Write a java programme to calculate simple interests and compound interest.


​

Answer 1

Answer:

Java Program to Calculate simple interest and compound interest

In this example, we will learn to calculate the simple interest and compound interest in Java.

To understand this example, you should have the knowledge of the following Java programming topics:

Java Scanner Class

Java Operators

Example 1: Calculate Simple Interest in Java

import java.util.Scanner;

class Main {

public static void main(String[] args) {

// create an object of Scanner class

Scanner input = new Scanner(System.in);

// take input from users

System.out.print("Enter the principal: ");

double principal = input.nextDouble();

System.out.print("Enter the rate: ");

double rate = input.nextDouble();

rate = rate/100;

System.out.print("Enter the time: ");

double time = input.nextDouble();

double interest = (principal * time * rate) / 100;

System.out.println("Principal: " + principal);

System.out.println("Interest Rate: " + rate);

System.out.println("Time Duration: " + time);

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

input.close();

}

}

Answer 2

Answer:

yes upper answer is right