Question

write a program to accept principal,rate and time .calculate and display the interest accumulated for first year,second year and third year compound annually

Answer 1

Program

import java.util.Scanner;

public class CI

{

   public static void main(String[] args) {

       double pr = 0.0;

       double r = 0.0;

       double t = 0.0;

       double ci = 0.0;

       Scanner i = new Scanner(System.in);

       System.out.print("Enter the Principal=");  

       pr = i.nextDouble();

       System.out.print("Enter the Time Period = ");  

       t = i.nextDouble();

       System.out.print("Enter the Interest Rate = ");  

       r = i.nextDouble();

       ci = pr * Math.pow((1 + r/100),t);  

       System.out.println("Compound Interest : "+ ci);        

   }

}

Explanation:

Output:

Enter the Principal= 100000

Enter the Time Period =5

Enter the Interest Rate = : 9.5

Compound Interest : 157423.87409343748

Answer 2

Python program to calculate the Compound Interest

Program:

#Compound Interest = P(1+R/100)**t

principalamount=float(input("Enter Principal Amount : "))

rateofinterest = float(input("Enter rate of Interest : "))

timeperiod = float(input("Enter the Time Period : "))

compoundInterest=principalamount*((1+(rateofinterest/100))**timeperiod)

print("Compound Interest is : ", compoundInterest)

Input :

Enter Principal Amount : 100000

Enter rate of Interest : 8.2

Enter the Time Period : 3

Output:

Compound Interest is : 126672.33680000003

Explanation :

• Formula used : Compound Interest = P(1+R/100)**t

• Take principal amount, rate of interest and time period as inputs into three different variables.

• Apply the formula, let the computations be made and store the resulted value into a variable that represents Compound interest, print it.

Learn more :

1) What is python programming?

https://brainly.in/question/8474677

2) Python program to make a calculator.

https://brainly.in/question/14752569