Compound Interest

Q. Write an interactive program to calculate compound interest.

Ans.

/*c program for calculate compound interest*/

#include<stdio.h>

#include<math.h>

#include<conio.h>

int main()

{

 float p,rate,time,ci;

 printf("Enter principal amount : ");

 scanf("%f", &p);

 printf("Enter interest rate : ");

 scanf("%f", &rate);

 printf("Enter time period in year : ");

 scanf("%f", &time);

 //calculate ci

 ci=p*(pow((1+rate/100),time)-1);

 printf("\nCompound interest = %f",ci);

 return 0;

}

Output :-

Enter principal amount : 48500

Enter interest rate : 6

Enter time period in year : 2

Compound interest = 5994.600098

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