Draw a flowchart for an application that will calculate and display the amount of simple interest an individual will pay on a home loan for the duration of the loan. Input the values for the principal amount, rate of interest and time period for the home loan. Use the formula SI=PRT where SI = Simple Interest in Rands P= Principal (the initial amount of the loan) R = Rate of Interest (%) T = Time Period (years)
Draw a flowchart for an application that will calculate and display the amount of simple interest an individual will pay on a home loan for the duration of the loan. Input the values for the principal amount, rate of interest and time period for the home loan. Use the formula SI=PRT where SI = Simple Interest in Rands P= Principal (the initial amount of the loan) R = Rate of Interest (%) T = Time Period (years)
Programming Logic & Design Comprehensive
9th Edition
ISBN:9781337669405
Author:FARRELL
Publisher:FARRELL
Chapter6: Arrays
Section: Chapter Questions
Problem 10PE
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Transcribed Image Text:Draw a flowchart for an application that will calculate and display the amount of
simple interest an individual will pay on a home loan for the duration of the loan.
Input the values for the principal amount, rate of interest and time period for the
home loan.
Use the formula SI=PRT where
SI = Simple Interest in Rands
P = Principal (the initial amount of the loan)
R = Rate of Interest (%)
T = Time Period (years)
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