Compound interest formula coding
Im having problems coding this
A = P(1 + r/n)nt
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//Declared test cases
float principal = 200000.00, annualInt = 0.03;
float years = 10.0;
float calcInterest1(float principal, float years, float annualInt)
{
float interest1;
float nt = annualInt*12;
float A = principal+annualInt;//Accrued Amount
interest1 = (A = (principal*(1+years/100))pow(nt));// A = P(1 + r/n)nt
return interest1;
}
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You don't need
A = ...
again when calculating the interest.
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