Loan Interest Solver in C# Using Console

Here is a simple program that I wrote using Microsoft C# programming language that will compute for the interest to be paid by the customer to the loan that he or she acquire from a bank or a lending institution. What does our program will do is to ask the user to give the principal amount being borrowed, second our program will ask the rate of interest and finally the third our program will ask time refers to the number of years the loan amount should be paid of by the borrower. The code is very simple and easy to understand.

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Sample Program Output

Program Listing

using System;

using System.Collections.Generic;

using System.Linq;

using System.Text;

namespace loan_solve_problem

{

    class loan_solver

    {

        static void Main(string[] args)

        {

            double amount=0, rate=0, time=0, solve_interest=0;

            Console.Write("Loan Interest Solver");

            Console.Write("\n\n");

            Console.Write("Enter Principal Amount    : ");

            amount = Convert.ToDouble(Console.ReadLine());

            Console.Write("Enter Rate of Interest    : ");

            rate = Convert.ToDouble(Console.ReadLine());

            Console.Write("Enter Period of Interest  : ");

            time  = Convert.ToDouble(Console.ReadLine());

              

            solve_interest = (amount * rate * time) / 100;

            Console.Write("\n\n");

            Console.Write("===== DISPLAY REPORT =====");

            Console.Write("\n\n");

            Console.WriteLine("The Interest is Php {0:0.00}.", solve_interest);

            Console.Write("\n\n");

            Console.Write("End of Program");

            Console.ReadLine();

        }

    }

}