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C Program for compound interest?
Here we will see how to get the compound interest by writing one C program. The logic is very easy. Here we need some parameters −
- P − Principle amount
- R − Rate of interest
- T − Time span
The compound interest formula is like below
Example
#include<stdio.h> #include<math.h> float compoundInterest(float P, float T, float R) { return P*(pow(1+(R/100), T)); } int main() { float p, t, r; printf("Enter Princple amount, rate of interest, and time: "); scanf("%f%f%f", &p, &r, &t); printf("Interest value: %f", compoundInterest(p, t, r)); }
Output
Enter Princple amount, rate of interest, and time: 5000 7.5 3 Interest value: 6211.485352
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