Write a program for calculating the simple interest on a loan when the initial prin- cipal amount (princi_amnt) is $1000, the initial interest rate (int_rate) is 5.0%, and the number of years (no_of_yrs) is 5. Use suitable data types to declare these variables. Simple interest is calculated using the following equation: Simple interest = (Principal amount * Interest rate * Number of years)/100
Write a program for calculating the simple interest on a loan when the initial prin- cipal amount (princi_amnt) is $1000, the initial interest rate (int_rate) is 5.0%, and the number of years (no_of_yrs) is 5. Use suitable data types to declare these variables. Simple interest is calculated using the following equation: Simple interest = (Principal amount * Interest rate * Number of years)/100
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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