Question: Problem2: Write a compound interest calculator. The compound interest formula is: A=P(1+9 Where: P - principal amount (the initial amount you borrow or deposit) r,
Problem2: Write a compound interest calculator. The compound interest formula is: A=P(1+9" Where: P - principal amount (the initial amount you borrow or deposit) r, annual rate of interest (as a decimal) , number of years the amount is deposited or borrowed for. A amount of money accumulated after n years, including interest n number of times the interest is compounded per year Here is a link to a site that explains how compound interest is calculated: httpcalculators.cominterest/compound-interest-calculator htm Specifications The compound interest calculator should look similar to the one shown below. The total amount and the interest amount appear in response to clicking on the "calculate button. Compound Interest Calculator Principal amount P Interest rate.r Total period t Compound period n CALCULATE Total Amount A Interest Amount
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