GitHub Final Project: Simple Interest Calculator

Project Overview

This project is a calculator that computes the simple interest based on the principal amount, annual rate of interest, and time period in years.

Input

• p: Principal amount
• t: Time period in years
• r: Annual rate of interest (as a percentage)

Output

• Simple Interest: Calculated using the formula:

  [ \text{Simple Interest} = \frac{p \times r \times t}{100} ]

Usage

1. Input the values for principal, time period, and annual rate of interest.
2. Calculate the simple interest using the formula provided.
3. Output the calculated simple interest.

Example

For example, if:

• Principal (p) = 1000
• Time (t) = 3 years
• Rate (r) = 5%

The output will be: Simple Interest = 1000 * 5 * 3 / 100 = 150

Conclusion

This simple interest calculator is a straightforward tool that allows users to easily compute the interest on a given principal amount over a specified time period at a given interest rate.