C++ Program to Calculate Compound Interest (CI)

C++ Program to Calculate Compound Interest (CI)

How can we find the Compound Interest? We can do it by applying the following formula, Compound Interest = Principal Amount * ( 1 + Rate of Interest )Number of years )

Compound Interest using C++ :



#include <iostream>
using namespace std;

int main() 
{
    int p, n, r, ci;
    
    cout << "Please Enter the Principal Amount : ";
    cin >> p;
    cout << "Please Enter the Rate Of Interest : ";
    cin >> r;
    cout << "Please Enter Time period in Years : ";
    cin >> n;

    ci=p*((1+r/100)^n-1);

    cout << "Compound Interest is : " << ci;
    
    return 0;
}


Output :