Calculate simple interest -algorithm, Basic Computer Science

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Algorithm :
1. Read the values of principal amount, time and rate of simple interest into the locations labelled as P, T, R.
2. Set the count T to 1 implying the end of a year.
3. Calculate
S.I = PTR/100

4. Write the current values of T and S.I.
5. Increase T by 1
6. If T≤5, complete the steps from 3 to 6
7. Else, stop.

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