Sunday, December 27, 2020

Simple Loan Interest in C

 Machine Problem in C

Write a C program to input principal amount, time and rate  (P, T, R) from user and find simple interest of a loan.

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Program Listing

/* simple_interest.c Machine Problem in C Write a C program to input principal amount, time and rate (P, T, R) from user and find simple interest of a loan. Mr. Jake Rodriguez Pomperada, MAED-IT, MIT www.jakerpomperada.com www.jakerpomperada.blogspot.com jakerpomperada@gmail.com Bacolod City, Negros Occidental Philippies */ #include <stdio.h> #include <stdlib.h> int main() { double principal_amount=0.00, time=0.00, rate=0.00; double simple_interest = 0.00; printf("\n\n"); printf("\tSimple Loan Interest in C"); printf("\n\n"); printf("\tGive Principal Amount : "); scanf("%lf", &principal_amount); printf("\n"); printf("\tGive Time Duration : "); scanf("%lf", &time); printf("\n"); printf("\tGive Annual Interest Rate : "); scanf("%lf", &rate); /* Calculate simple interest */ simple_interest = (principal_amount * time * rate) / 100; printf("\n"); printf("\tThe Simple Interest is $ %2.2lf",simple_interest); printf("\n\n"); system("pause"); }

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