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Java Program for compound interest
• Difficulty Level : Easy
• Last Updated : 07 Feb, 2018

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
```

## Java

 `// Java program to find compound interest for``// given values.``import` `java.io.*;`` ` `class` `GFG``{``    ``public` `static` `void` `main(String args[])``    ``{``        ``double` `principle = ``10000``, rate = ``10.25``, time = ``5``;`` ` `        ``/* Calculate compound interest */``        ``double` `CI = principle *``                    ``(Math.pow((``1` `+ rate / ``100``), time));``         ` `        ``System.out.println(``"Compound Interest is "``+ CI);``    ``}``}``// This code is contributed by Anant Agarwal.`

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

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