# Simple Interest Rate Solver in Java

Jan 16, 2020

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

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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");

}

}
``````