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3. Interest Comparison There are several different formulas routinely used to calculate interest. Write a progranm that lets the user compare three different interest formulas.
3. Interest Comparison There are several different formulas routinely used to calculate interest. Write a progranm that lets the user compare three different interest formulas. You will use the simple, compound, and the exponential formula for interest and display the results on screen. The formula for simple interest is: I-(p rt)+p Compound is: I- P(1r) and Continuously Compounded Interest is: Enter value for principle: 1000 Enter value for percent rate: 0.05 Enter time for interest to be calculated over in years: 3 Simple Interest 1150.000000 Compound Interest: 1157.625000 Continuously Compounded Interest: 1161.834243
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