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Java

Simple Interest Rate Solver in Java

I wrote this program to perform computation on the simple interest rate solver using the Java programming language.

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Sample Program Output


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Program Listing

Simple_Interest.java

import java.util.*;

public class Simple_Interest {

	/**
	 * @param args
	 */
	public static void main(String[] args) {
		// TODO Auto-generated method stub

		double principal,rate,time_value;
		double simple;
		
		Scanner input = new Scanner(System.in);
		
		System.out.println("\n");
		System.out.print("\tSimple Interest Rate Solver in Java");
		System.out.println("\n");
		System.out.print("\tGive Principal Amount  $ : ");
		principal = input.nextDouble();
		System.out.print("\tGive Number of Years     : ");
		time_value = input.nextDouble();
		System.out.print("\tGive the Interest Rate   : ");
		rate = input.nextDouble();
		
		simple = (principal * time_value * rate) /100;
		
		System.out.println("\n");
		System.out.print("\tThe Simple Interest Rate is $ " + simple + ".");
		System.out.println("\n");
		System.out.println("\tEnd of Program");
				
	}

}

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