Simple Interest Definition, Formula & Examples
8:46
Simple Interest Definition, Formula & Examples
1.1M viewsOct 10, 2015
Study.comNorair Sarkissian
Write a C program intrst.c that calculates the total interest income on an amount of Rupees 5 lakhs in a period of 10 years. Show the results for simple interest and compounded interest when the compounding is done annually, semi-annually, quarterly, monthly, and daily. Assume that the interest rate is 3.5% per year.
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