Simple Interest Rate Solver in Java

I wrote this program to perform computation on the simple interest rate solver using Java programming language.

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Sample Program Output

Program Listing

Simple_Interest.java

import java.util.*;

public class Simple_Interest {

/**

* @param args

*/

public static void main(String[] args) {

// TODO Auto-generated method stub

double principal,rate,time_value;

double simple;

Scanner input = new Scanner(System.in);

System.out.println("\n");

System.out.print("\tSimple Interest Rate Solver in Java");

System.out.println("\n");

System.out.print("\tGive Principal Amount  $ : ");

principal = input.nextDouble();

System.out.print("\tGive Number of Years     : ");

time_value = input.nextDouble();

System.out.print("\tGive the Interest Rate   : ");

rate = input.nextDouble();

simple = (principal * time_value * rate) /100;

System.out.println("\n");

System.out.print("\tThe Simple Interest Rate is $ " + simple + ".");

System.out.println("\n");

System.out.println("\tEnd of Program");

}

}