Question: 3 . 1 9 ( Interest Calculator ) The simple interest on a loan is calculated by the formula interest = principal * * rate
Interest Calculator The simple interest on a loan is calculated by the formula
interest principal rate days
The preceding formula assumes that rate is the annual interest rate, and therefore includes the division by days Develop a program that will input principal, rate and days for several loans, and will calculate and display the simple interest for each loan, using the preceding formula. Here is a sample inputoutput dialog:
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