Question

Write a program to calculate simple interest and compound interest in c++

Answer 1

Answer:

#include <iostream.h>

#include <math.h>

int main()

{

int p;

float r;

int t;

cout<<"Enter principal amount: ";

cin>>p;

cout<<"Enter rate of interest: ";

cin>>r;

cout<<"Enter time period (in years): ";

cin>>t;

float si = p*r*t;

cout<<"Simple interest is: Rs."<<si<<endl;

float total = p * pow((1+r/12), (12*t));

float ci = total - p;

cout<<"Compound interest is: Rs. "<<ci<<endl;

return 0;

}

Explanation:

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