Write java program to receive input and displayed interest

Reference no: EM1361481

The interest for a loan is calculated using the following formula:

Interest = (Loan Amount * Interest Rate(%) * Loan Period(Month) )/100

Using the above formula, write a Java program that receive some input and displayed the interest. Format the number into 2 decimal places. Using loop is an advantage.

Reference no: EM1361481

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