public class SimpleInterest { public static void main(String[] args) { double principal = 10000, rate = 5.5, time = 3; double interest = calculateSimpleInterest(principal, rate, time); System.out.println("Principal: " + principal); System.out.println("Rate: " + rate + "%"); System.out.println("Time: " + time + " years"); System.out.println("Simple Interest = " + interest); System.out.println("Total Amount = " + (principal + interest)); } static double calculateSimpleInterest(double principal, double rate, double time) { return (principal * rate * time) / 100; } }