Hello Guys,
Now I am presenting a java program to calculate compounded amount and principle amount with certain rate of interest and number of years:-
public static void calculateCompoundInterest(){
float total = 1.0f;
float compoundedAmount = 0.0f;
Scanner sc = new Scanner(System.in);
System.out.println("enter the principle amount");
float pa = sc.nextInt();
System.out.println("enter the rate of interest");
float ri = sc.nextInt();
System.out.println("enter no of years");
int time = sc.nextInt();
//formula of compound interest
// amount = principle*(1+rate/100)^time
float amount = (1+ri/100);
if(time !=1){
int count = 1;
while(count<=time){
total = total * amount;
count++;
}
compoundedAmount = total*pa;
System.out.println("Your compounded amount is: "+compoundedAmount);
}else{
compoundedAmount = amount*pa;
System.out.println("Your compounded amount is: "+compoundedAmount);
}
}
public static void calculatePrincipleAmount(){
float total = 1.0f;
float principle = 0.0f;
Scanner sc = new Scanner(System.in);
System.out.println("enter the compounded amount");
float ca = sc.nextInt();
System.out.println("enter the rate of interest");
float ri = sc.nextInt();
System.out.println("enter no of years");
int time = sc.nextInt();
//formula of compound interest
// principle = amount/(1+rate/100)^time
float amount = (1+ri/100);
if(time !=1){
int count = 1;
while(count<=time){
total = total * amount;
count++;
}
principle = ca/total;
System.out.println("Your principle amount is: "+principle);
}else{
principle = ca/amount;
System.out.println("Your principle amount is: "+principle);
}
}
public static void main(String[] args) {
System.out.println("Press 1 If you want to calculate the whole amout using compound interest.");
System.out.println("Press 2 If you want to calculate the principle amount for a certain amount.");
Scanner sc = new Scanner(System.in);
int choice = sc.nextInt();
if(choice == 1)
calculateCompoundInterest();
else
calculatePrincipleAmount();
}
}
Now I am presenting a java program to calculate compounded amount and principle amount with certain rate of interest and number of years:-
public static void calculateCompoundInterest(){
float total = 1.0f;
float compoundedAmount = 0.0f;
Scanner sc = new Scanner(System.in);
System.out.println("enter the principle amount");
float pa = sc.nextInt();
System.out.println("enter the rate of interest");
float ri = sc.nextInt();
System.out.println("enter no of years");
int time = sc.nextInt();
//formula of compound interest
// amount = principle*(1+rate/100)^time
float amount = (1+ri/100);
if(time !=1){
int count = 1;
while(count<=time){
total = total * amount;
count++;
}
compoundedAmount = total*pa;
System.out.println("Your compounded amount is: "+compoundedAmount);
}else{
compoundedAmount = amount*pa;
System.out.println("Your compounded amount is: "+compoundedAmount);
}
}
public static void calculatePrincipleAmount(){
float total = 1.0f;
float principle = 0.0f;
Scanner sc = new Scanner(System.in);
System.out.println("enter the compounded amount");
float ca = sc.nextInt();
System.out.println("enter the rate of interest");
float ri = sc.nextInt();
System.out.println("enter no of years");
int time = sc.nextInt();
//formula of compound interest
// principle = amount/(1+rate/100)^time
float amount = (1+ri/100);
if(time !=1){
int count = 1;
while(count<=time){
total = total * amount;
count++;
}
principle = ca/total;
System.out.println("Your principle amount is: "+principle);
}else{
principle = ca/amount;
System.out.println("Your principle amount is: "+principle);
}
}
public static void main(String[] args) {
System.out.println("Press 1 If you want to calculate the whole amout using compound interest.");
System.out.println("Press 2 If you want to calculate the principle amount for a certain amount.");
Scanner sc = new Scanner(System.in);
int choice = sc.nextInt();
if(choice == 1)
calculateCompoundInterest();
else
calculatePrincipleAmount();
}
}
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