Java Program for compound interest. Program to find the simple interest Explanation. N is the number of times that interest is compounded per unit t for example if interest is.
The interest earned on a particular sum for a certain period of time is known as Simple Interest.
In the following example we are taking the values of p r and t from user and then we are calculating the simple interest based on entered values. Swing as a graphical user interface for Java programs is a very lightweight set of components that to the maximum degree possible work the same on all platforms. Java Program to Calculate simple interest and compound interest. Simple Interest is the convenient method used in banking and economic sectors to calculate the interest charges on loansIt gets estimated day to day with the help of some mathematical terms.