Question

write a program in java that inputs principal amount, rate of inetest, time Calvulate simple interst and compound interset​

Answer 1

For example: Let’s say a man deposit 2000 INR in bank account at a interest rate of 6% per annum for 3 years, calculate the simple interest at the end of 3 years.

Simple interest = 2000*6*3/100 = 360 INR