Hi there I it is a simple program in C# to compute savings of the person for a loan. I still new in C# programming so I intended my work for beginners. I hope my code help anyone that is new in C# programming languages.
The following formula is used to calculate the total savings (A) after (n) years with interest compounded (q) times per year at an annual interest rate of (i) starting with an initial deposit of (P):
A = P(1+[i/q])nq
The following formula is used to calculate the total savings (A) after (n) years with interest compounded (q) times per year at an annual interest rate of (i) starting with an initial deposit of (P):
A = P(1+[i/q])nq
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Sample Program Output
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