A simple program that I wrote to compute the yearly compounded interest of a loan using a C++ programming language.

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Program Listing
// compounded_interest.cpp
// Jake Rodriguez Pomperada, MAED-IT, MIT
// www.jakerpomperada.com and www.jakerpomperada.blogspot.com
// jakerpomperada@gmail.com
// Bacolod City, Negros Occidental Philippines

#include <iostream>
#include <iomanip>

using namespace std;

int main()
     double amount = 00.;
     double interest_rate = 0.00;
     int years = 0;
     cout << "\n\n";
     cout <<"\tYearly Compounded Interest in C++";
     cout << "\n\n";
     cout << "\tGive Amount Loaned : ";
     cin >> amount;
     cout << "\tGive Interest Rate     : ";
     cin >> interest_rate;
     cout << "\tGive Number of Years  : ";
     cin >> years;
     cout << "\n\n";
     for (int year = 1; year <= years; year++)
         double interest = amount * interest_rate / 100;
         amount += interest;
         cout << "\tAfter year " << year << "\n" << fixed << setprecision(2)
                   << "\tPHP Amount: " << amount << "\tInterest: PHP " <<
interest << "\n";

     cout << "\n\n";
     cout <<"\tEnd of Program";
     cout << "\n\n";

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