Friday, November 22, 2019

Compound Interest Solver in C

I wrote this program to ask the user to give the principal amount, time and interest rate and then the program will compute the compound interest using C programming language.

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Sample Program Output


Program Listing

/* compound_interest.c
   Author : Jake R. Pomperada,MAED-IT
   Date   : November 22, 2019  
   jakerpomperada@gmail.com */
   
#include<stdio.h>
#include<math.h>

int main()
{
               float p=0.00,t=0;
               float r=0.00;
               float amount=0.00,ci=0.00;
        
                printf("\n\n");
printf("\tCompound Interest Solver in C");
printf("\n\n");
printf("\tEnter Principal Amount : ");
scanf("%f",&p);
printf("\tEnter Time (Annual)    : ");
scanf("%f",&t);
printf("\tEnter Rate of Interest : ");
scanf("%f",&r);
 
amount=p*pow((1 +r/100),t);
                ci=amount-p;
        
printf("\n\n");
                printf("\tThe Compound Interest is $ %2.2f",ci);
                printf("\n\n");
               printf("\tEnd of Program");
     }

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