Here you will get C program to calculate compound interest.

The program asks user to enter value of principle (p), rate (r) and time (t) and finally calculates the compound interest by following formula.

Compound Interest = Principle * (1 + Rate / 100) ^{time}

## C Program to Calculate Compound Interest

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#include<stdio.h> #include<math.h> void main() { float p,r,t,ci; printf("Enter Principle, Rate and Time: "); scanf("%f%f%f",&p,&r,&t); ci=p*pow((1+r/100),t); printf("Bank Loans Compound Interest = %f%",ci); } |

**Output**

*Enter Principle, Rate and Time: 2000*

*2*

*3*

*Bank Loans Compound Interest = 2122.415771*

Is pow is imp in this program. What is pow ??

Power of t

you can do it without pow() function which is a function of math.h library. link is given below.

https://ide.geeksforgeeks.org/a3RbQ2SmP8

https://ide.geeksforgeeks.org/a3RbQ2SmP8

for who don’t want to use math.h library

If questions require some calculation

Power of t

Right. Programming

This program is very good and helpful enough for banking,i beg you to send me a prigram of the same type but that divide money into dollar portion and cent portion

thanks

Power yes its imp

But what is calculated is amount and not compound interest.