Tag Archives: C002

C002 An interactive C program to calculate Compound interest knowing only Simple interest

First thing to know before writing this program is the Simple interest Formula. SIMPLE INTEREST = (P * N * R)/100 P = PRINCIPAL AMOUNT. N = NUMBER OF YEARS (TIME). R = RATE OF INTEREST. Now, find out the variables needed for calculating Simple interest. SI = (P * N * R)/100 By looking… Read More »