How to find Simple Interest through a Java program || Java Programming Tutorials

Описание: Simple Interest Formula :

Simple Interest = (P × R × T)/100
P is Principal amount
R is rate per annum
T is time in years

For example: Let’s say a man deposit 2000 INR in bank account at a interest rate of 6% per annum for 3 years, calculate the simple interest at the end of 3 years.

Simple interest = 2000*6*3/100 = 360 INR

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