Compound Interest Solver in Java

I wrote this program will ask the user to give the principal amount to be a loan, a number of years to be paid the loan and the interest rate and then the program computes the compound interest based on the amount being loan by the customer or client.

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Sample Program Output

Program Listing

Compound_Interest.java

import java.util.*;

public class Compound_Interest {

/**

* @param args

*/

public static void main(String[] args) {

// TODO Auto-generated method stub

       double principal=0.00, rate=0.00, t=0.00;

       double compound_solve=0.00;

       

       Scanner input = new Scanner(System.in);

       

       System.out.println("\n");

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

       System.out.println("\n");

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

       principal = input.nextDouble();

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

       t = input.nextDouble();

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

       rate = input.nextDouble();

       

       compound_solve = principal * Math.pow(1.0+rate/100.0,t) - principal;

       

       System.out.println("\n");

       System.out.print("\tThe Compound Interest is $" +compound_solve+".");

       System.out.println("\n");

       System.out.print("\tEnd of Prorgam");

       System.out.println("\n");

        

              

}

}