Calculate simple interest of a given amount

Assignment Help Basic Computer Science
Reference no: EM131452984

Can someone assist me by writing a program that will calculate simple interest of a given amount? This will be an accrued amount which will include the principal plus interest. You can use following formulas to perform calculations:

A = P(1 + rt)

R = r * 100

Where:

A = total accrued amount (principal + interest)

P = principal amount

r = rate of interest per year (or month) in decimal; r = R/100

t = time period involved in years (or months)

As an example, suppose P = 10,000, R = 3.875% per year and t = 5 years. Then

A = 10,000(1 + (0.03875 × 5)) = 11,937.5

A = 11,937.50

Reference no: EM131452984

Questions Cloud

Does the us have a genuine free market system : Does the US have a Genuine Free Market System? Regardless of the topic selected it should contain whenever possible solid economic analysis.
Identify the sales forecast for the firm : Create a 4- to 5-page research paper that includes responses to the following: Identify the sales forecast for the firm
Examples of data that cannot be stored within java : Provide five specific examples of data that cannot be storedwithin Java's eight primitive data types.
Legal and ethical implications of medical malpractice : In this assignment you will examine the legal and ethical implications of medical malpractice
Calculate simple interest of a given amount : Can someone assist me by writing a program that will calculate simple interest of a given amount?
Create and conduct a brief survey regarding an issue : Create and conduct a brief survey regarding an issue or topic of your choice related to sociology. Look at the chapter titles in the book for ideas.
Key utilities in operating system software : What are the key utilities in operating system software that allows users to customize their desktop and keep their PC maintained and optimized?
Five features of presentation software : Create a matrix comparing five features of presentation software. Using these five features, compare two presentation programs.
What your concept of global education : Now "fast forward" to 10 years from now and imagine what your concept of global education will be at that time

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd