Q20 When interest compound q times per year at an annual rate of r % for n years, the principal p compounds to an amount a as per the following formula a=p(1+r/q)^nq Write a program to read 10 sets of p, r, n & q and calculate the corresponding as.
Program: 113
When interest compound q times per year at an annual rate of r % for n years, the principal p compounds to an amount a as per the following formula:
a=p(1+r/q)nq
Write a c program to read 10 sets of p, r, n & q and calculate the corresponding as.
Output:
Set: 1 Enter Principle: 1000 Enter Rate: 10 Enter Time(in year): 1 Enter Compound Interest: 1 Amount: 11000.00 Set: 2 Enter Principle: 2000 Enter Rate: 10 Enter Time(in year): 1 Enter Compound Interest: 1 Amount: 22000.00 Set: 3 Enter Principle: 100 Enter Rate: 1 Enter Time(in year): 1 Enter Compound Interest: 1 Amount: 200.00 Set: 4 Enter Principle: 200 Enter Rate: 5 Enter Time(in year): 1 Enter Compound Interest: 5 Amount: 6400.00 Set: 5 Enter Principle: 622 Enter Rate: 2 Enter Time(in year): 4 Enter Compound Interest: 1 Amount: 50382.00 Set: 6 Enter Principle: 200 Enter Rate: 1 Enter Time(in year): 1 Enter Compound Interest: 10 Amount: 518.75 Set: 7 Enter Principle: 355 Enter Rate: 45 Enter Time(in year): 1 Enter Compound Interest: 21 Amount: 9863834894336.00 Set: 8 Enter Principle: 515 Enter Rate: 5 Enter Time(in year): 1 Enter Compound Interest: 12 Amount: 33652.66 Set: 9 Enter Principle: 110 Enter Rate: 1 Enter Time(in year): 1 Enter Compound Interest: 1 Amount: 220.00 Set: 10 Enter Principle: 200 Enter Rate: 2 Enter Time(in year): 3 Enter Compound Interest: 2 Amount: 12800.00