Showing posts with label Simple Interest Rate Solver in Java. Show all posts
Showing posts with label Simple Interest Rate Solver in Java. Show all posts

Thursday, January 16, 2020

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");
}

}