Prompt the user to enter the principal amount(p), the annual rate of interest in percentage(r), and the number of years(t). Calculate the simple interest using the formula: interest = p*r*t %3D

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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In C language.

**Simple Interest Calculation Guide**

To calculate simple interest, follow these steps:

1. **Prompt the User:**
   - Ask the user to enter the following information:
     - Principal amount (p)
     - Annual rate of interest in percentage (r)
     - Number of years (t)

2. **Use the Simple Interest Formula:**
   - Calculate the interest using the formula:
     \[ \text{interest} = p \times r \times t \]

This formula will help you determine the amount of interest earned or paid on a principal amount over a specified period at a given interest rate.
Transcribed Image Text:**Simple Interest Calculation Guide** To calculate simple interest, follow these steps: 1. **Prompt the User:** - Ask the user to enter the following information: - Principal amount (p) - Annual rate of interest in percentage (r) - Number of years (t) 2. **Use the Simple Interest Formula:** - Calculate the interest using the formula: \[ \text{interest} = p \times r \times t \] This formula will help you determine the amount of interest earned or paid on a principal amount over a specified period at a given interest rate.
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