# C Program for compound interest

**Compound Interest formula:**

Formula to calculate compound interest annually is given by:

Compound Interest = P(1 + R/100)^{r}

Where,

P is principle amount

R is the rate and

T is the time span

**Example:**

Input : Principle (amount): 1200 Time: 2 Rate: 5.4 Output : Compound Interest = 1333.099243

## C++

`// CPP program to find compound interest for` `// given values.` `#include <bits/stdc++.h>` `using` `namespace` `std;` ` ` `int` `main()` `{` ` ` `double` `principle = 10000, rate = 10.25, ` `time` `= 5;` ` ` ` ` `/* Calculate compound interest */` ` ` `double` `CI = principle * (` `pow` `((1 + rate / 100), ` `time` `));` ` ` ` ` `cout << ` `"Compound interest is "` `<< CI;` ` ` ` ` `return` `0;` `}` |

Please refer complete article on Program to find compound interest for more details!

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