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Public Double Int Int Double Double Int Int Return: Math Convert

This document contains code for 3 methods to calculate compound interest, interest earned, and equated monthly installment (EMI). The CompoundInterest method calculates interest earned on a principal amount over a number of years at a given interest rate. The EMI method calculates the monthly payment amount to pay off a loan of a given amount over a number of years at a given interest rate.

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14 views1 page

Public Double Int Int Double Double Int Int Return: Math Convert

This document contains code for 3 methods to calculate compound interest, interest earned, and equated monthly installment (EMI). The CompoundInterest method calculates interest earned on a principal amount over a number of years at a given interest rate. The EMI method calculates the monthly payment amount to pay off a loan of a given amount over a number of years at a given interest rate.

Uploaded by

suganya004
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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public double CompoundInterest(int Amount, int Nyear, double IRate)

{
double temp = Math.Pow((1 + IRate / 12), Nyear);
int temp1=Convert.ToInt16 (Amount * temp);
int temp2 = temp1 - Amount;
return temp2;
}

public int CompoundInterest(int Amount, int Nyear, double IRate)


{
double temp = Math.Pow((1 + IRate / 12), Nyear);
int temp1 = Convert.ToInt16(Amount * temp);
int temp2 = temp1 - Amount;
return temp2;
}
public int EMI(int Amount, int Nyear, double IRate)
{
double temp1 = Amount * (IRate / 12);
double temp2 = (1 + (IRate / 12));
int months = Nyear * 12;
double temp3 = Math.Pow(temp2, months);
int ans=(Convert.ToInt16((temp1 * temp3) / (temp3 - 1)));
return ans;
}

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