Interest Calculations part in asp.net

Question

Hi I want to known how to calculate simple interest rate using C# code. we have only for total amount  No of period only to calculate an interest %. Can any one help me ? Thanks & Regards Mathankumar.T

Jignesh Trivedi · Answer

hi to calculate simple interest use following formula I = p*r*t where I = interest p = principle amount r interest rate and t = time in year. put this formula in C# code... Please refer http://math.about.com/od/businessmath/ss/Interest_2.htm hope this will help you.

Vulpes · Answer

You can use this method: double GetSimpleInterestRate(double principal double total int numPeriods) { return 100.0 * (total - principal)/principal/numPeriods; } For example: double principal = 1000; double total = 1200; // principal plus interest int numPeriods = 4; double intRate = GetSimpleInterestRate(principal total numPeriods); // 5% per period

Vignesh Kumar · Answer

Hi Refer this link http://www.c-sharpcorner.com/UploadFile/0c1bb2/interest-rate-calculator-using-Asp-Net-C-Sharp/