Author Topic: Turbo C Program to Calculate Continuous Compound Interest  (Read 1321 times)

kathir

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Turbo C Program to Calculate Continuous Compound Interest
« on: December 29, 2011, 01:27:12 pm »
Here is the Turbo C Program to Calculate Continuous Compound Interest.

The formula is,

FV   =   P * eYr

FV - Future Value
P - Present Value (principal amount)
r - Interest rate
Y - number of years


Code:
//Source Code Listing

#include <stdio.h>
#include <math.h>

void main()
{
   double amount;
   double years;
   double interest_rate;
   double compound_interest;
   
   printf("Program to Calculate Continuous Compounded Interest\n");
   
   printf("Enter Principal Amount:");
   scanf("%lf",&amount);

   printf("Enter Number of Years:");
   scanf("%lf",&years);

   printf("Enter Interest Rate:");
   scanf("%lf",&interest_rate);
 
   compound_interest = amount * exp((interest_rate / 100) * years);
   printf("Future Value after Continuous Compounded Interest = %lf\n",compound_interest);
}

/***
Sample Output:

Program to Calculate Continuous Compounded Interest
Enter Principal Amount:1000
Enter Number of Years:5
Enter Interest Rate:5
Future Value after Continuous Compounded Interest = 1284.025417

Press any key to continue . . .

***/

« Last Edit: December 29, 2011, 01:30:27 pm by kathir »

 


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