A simple program to compute the yearly compounded interest in Java programming language.

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Program Listing
import java.util.Scanner;

public class Compounded_Interest {

	public static void main(String[] args) {
		// TODO Auto-generated method stub
		 double amount=0.00;
	     double interestRate = 0.00;
	     int years = 0;
	     Scanner input = new Scanner(System.in);
	        System.out.print("\tYearly Compounded Interest in Java");
	        System.out.print("\tEnter Amount Loaned    : ");
	        amount =input.nextDouble();
	        System.out.print("\tEnter Yearly Interest  : ");
	        interestRate = input.nextDouble();
	        System.out.print("\tEnter Number of Years  : ");
	        years = input.nextInt();

	     for (int year = 1; year <= years; year++)
	         double interest = amount * interestRate / 100;
	         amount += interest;
	         System.out.printf("After year %d\n\tAmount: %.2f\tInterest: %.2f\n", year, amount, interest);