Q:
C Program to Calculate Simple interest and Compound interest
belongs to collection: Basic C Programming Examples
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Introduction to simple interest and compound interest
Simple Interest and Compound Interest is a way to calculate the interest on the loan taken by you. Simple interest is calculated on the principal amount, this formula is used to calculate the simple interest.
S.I = (P * R * T) / 100 where P = Principal, R = Rate and T = Time
Compound interest is calculated on the principal amount plus that interest. This formula is used to calculate compound interest.
CI = P(1 + r / n)nt where P = Principal, R = Rate, n = number of compounding periods per unit and T = Time.
C Program to Calculate Simple interest
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Flowchart -:
Program For Simple Interest
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C Program to Calculate Coumpound interest
Algorithm
Program for Compound Interest
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C Program For simple interest and Compound interest
Algorithm
Output
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