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import java.util.*;
import java.util.Scanner;
class Emi
{
public static void main(String[]args)
{
Scanner a = new Scanner(System.in);
double principal, rate, time, emi;
System.out.println("Enter principal:");
principal = a.nextFloat();
System.out.println("Enter rate:");
rate = a.nextFloat();
System.out.println("Enter time:");
time = a.nextFloat();
rate=rate/(12*100);
time=time*12;
emi= (principal*rate*Math.pow(1+rate,time))/(Math.pow(1+rate,time)-1);
System.out.println("Monthly EMI is=" +emi);
}
}
Output:
Enter principle:
12000
Enter rate:
5
Enter time:
2
Monthly EMI is 526.4566
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