Write a C++ program that computes the simple intrest and compound intrest payable on principal amount of loan borrowed by the customer from bank for a given period of time at specific rate of intrest. Further determine the bank will benefit by charging simple intrest or compound intrest.
AIM: Write a C++ program that computes the
simple intrest and compound intrest payable on principal amount of loan
borrowed by the customer from bank for a given period of time at specific rate
of intrest. Further determine the bank will benefit by charging simple intrest
or compound intrest.
#include<iostream>
#include<math.h>
using namespace std;
int main(){
int
si,ci,p,t,r;
cout<<"eter
p,t,r values:"<<"\n";
cin>>p>>t>>r;
si=(p*t*r)/100;
ci=p*(pow((1+r/100),t))-p;
cout<<"the
simple intrest is="<<si<<"\n";
cout<<"the
compound intrest is="<<ci<<"\n";
if(si>ci) {
cout<<"Bank
will get simple intrest";
}
else{
cout<<"Bank
will get compound intrest";
}
return
0;
}
Labels: oop through c++ lab
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