package homeworks.chapter2;

/*

Write a program for calculating the simple interest on a loan when the initial principal 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

*/

public class Q6 {

public static void main(String[] args) {

java.util.Scanner kb = new java.util.Scanner(System.in);

System.out.println("Principal Amount: ");

double principalAmount = kb.nextDouble();

System.out.println("Interest Rate: ");

double interestRate = kb.nextDouble();

System.out.println("Numbers of Years:");

double numberOfYears = kb.nextDouble();

double simpleInterest = principalAmount * interestRate * numberOfYears / 100;

System.out.println(simpleInterest);

}

}