Program: 112
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.
#include<stdio.h> #include<conio.h> #include<math.h> int main() { float p,n,r,q,a; int i; //for 10 sets we have to create a for loop for(i=1;i<=10;i++) { printf("Set: %d\n",i); //accept the values from user printf("Enter Principle: "); scanf("%f",&p); printf("Enter Rate: "); scanf("%f",&r); printf("Enter Time(in year): "); scanf("%f",&n); printf("Enter Compound Interest: "); scanf("%f",&q); //formula a = p*(pow((1+r/q),n*q)); printf("Amount: %.2f\n\n",a); } }
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
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