Write a program in Java to calculate C.I. and amount of given principal......... please help
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Explanation:
Before writing the java program let's take an example to calculate the compound interest. Let's say an amount of $2,000 is deposited into a bank account as a fixed deposit at an annual interest rate of 8%, compounded monthly, the compound interest after 5 years would be: P = 2000. R = 8/100 = 0.08 (decimal).ok ma is it ok ma
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