Finding compound interest
Program:
#include <stdio.h>
#include <math.h> // For pow()
int main() {
double principal, rate, time, amount, compoundInterest;
// Input
printf("Enter Principal amount: ");
scanf("%lf", &principal);
printf("Enter Annual Rate of Interest (in %%): ");
scanf("%lf", &rate);
printf("Enter Time (in years): ");
scanf("%lf", &time);
// Compound Interest Calculation
amount = principal * pow((1 + rate / 100), time);
compoundInterest = amount - principal;
// Output
printf("Compound Interest = %.2lf\n", compoundInterest);
printf("Total Amount = %.2lf\n", amount);
return 0;
}
OUTPUT:
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