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In Trate

The document contains code for a C program that takes a principal amount and term as input, calculates the interest rate based on the term, and outputs the interest earned. It has functions to get input from the user, calculate the interest rate based on criteria for different term periods, and output the principal amount, term, interest rate, and interest earned. The program returns 0 if successful or -1 if an invalid term is entered.

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Deepa Devaraj
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39 views2 pages

In Trate

The document contains code for a C program that takes a principal amount and term as input, calculates the interest rate based on the term, and outputs the interest earned. It has functions to get input from the user, calculate the interest rate based on criteria for different term periods, and output the principal amount, term, interest rate, and interest earned. The program returns 0 if successful or -1 if an invalid term is entered.

Uploaded by

Deepa Devaraj
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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/********************************************************************** * File Name: intrate.

c * Description: Given a principal amount and term, finds the * interest rate and computes the amount of interest * earned after the term. * * Author: E&R Department, Infosys Technologies Ltd. * Date: 28-Jan-2005 **********************************************************************/ #include <stdio.h> /* Forward declaration of functions defined later */ float fnComputeInterestRate (int iNumberOfMonths); /********************************************************************** * Function: main() * Description: Reads principal amount and term, and then * Displays applicable interest rate. * Displays Interest amount earned at the end of term. * * Input Parameters: * int argc - Number of command line arguments * char **argv The command line arguments passed * * Returns: 0 on success to the operating system **********************************************************************/ int main (int argc, char** argv) { float fAmount; /* int iNumberOfMonths; /* float fRateOfInterest; /* float fAmountEarned; /*

Stores Stores Stores Stores

the amount */ Term */ Rate of Interest*/ interest Amount earned at the end of term */

/* Read the Principal Amount */ printf ("Enter the Principal Amount (in USD): "); scanf ("%f", &fAmount); /* Read the Term (Number of Months) */ printf ("Enter the Term (Months): "); scanf ("%d", &iNumberOfMonths); fRateOfInterest = fnComputeInterestRate (iNumberOfMonths); /* ERROR HANDLING: Check if term entered was valid! */ if (fRateOfInterest == -1.0) { /* Invalid Term */ printf ("\nERROR: Invalid Term!\n"); } else { /* Valid Term! */ printf ("\n\nPrincipal Amount: %.2f USD\n", fAmount); printf ("Term: %d months\n", iNumberOfMonths); printf ("Rate Of Interest: %.2f%%\n", fRateOfInterest); fAmountEarned = fAmount * (fRateOfInterest / 100); /* Print the interst amount earned after term */ printf ("Interest amount earned after Term: %.2f USD\n", fAmountEarned); } /* Return a status code to Operating System */ return 0; }

/********************************************************************** * Function: fnComputeInterestRate * Description: Given the term of the deposit, computes and returns * the interest rate. * * Criteria for Interest: Minimum 1 month term and maximum is 48 months * 1 month to 2 months 1% * 3 months to 5 months 3.5% * 6 months to 11 months 4.5% * 12 months to 24 months 5.0% * 25 months to 48 months 5.5% * Invalid duration 0.0% * PARAMETERS: * int iNumberOfMonths - Number of months. Can have values 1-48 only * RETURNS: Appropriate Rate of Interest. -1.0 in case of error. **********************************************************************/ float fnComputeInterestRate (int iNumberOfMonths ) { float fInterestRate; if (iNumberOfMonths < 3) { /* Term: 1-2 months */ fInterestRate = 1.0; } else if ((iNumberOfMonths >3) && (iNumberOfMonths <6)) { /* Term: 3-6 months */ fInterestRate = 3.5; } else if ((iNumberOfMonths >= 6) && (iNumberOfMonths < 11)) { /* Term: 6-11 months */ fInterestRate = 4.5; } else if ((iNumberOfMonths > 12) && (iNumberOfMonths < 24)) { /* Term: 12-24 months */ fInterestRate = 5.0; } else if ((iNumberOfMonths >= 25) && (iNumberOfMonths < 48)) { /* Term: 25-48 months */ fInterestRate = 5.5; } else { /* ERROR Condition. Return '-1.0' */ fInterestRate = -1.0; } return fInterestRate; } /********************************************************************** * End of intrate.c **********************************************************************/

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