Question

Write a program to compute simple interest and compound interest

Answer 1

import java.util.*;

public class S.I._C.I.

{

public static void main(String args[])

{

Scanner in=new Scanner(System.in);

double p,r,t,s,c;

System.out.println("Enter the principal");

p=in.nextDouble();

System.out.println("Enter the rate of interest");

r=in.nextDouble();

System.out.println("Enter the time");

t=in.nextDouble();

s=p*r*t/100;

System.out.println("The simple interest is"+s);

c=Math.pow((1+r/100),t)*p-p;

System.out.println("The compound interest is"+c);

}

}