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Java Program for compound interest

Last Updated : 23 Jul, 2025
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Compound Interest formula:
Formula to calculate compound interest annually is given by: Compound Interest = P(1 + R/100)t Where, P is principal amount R is the rate and T is the time span
Example:
Input : Principal (amount): 1200
        Time: 2
        Rate: 5.4
Output : Compound Interest = 1333.099243
[tabby title="Java"] Java
// Java program to find compound interest for
// given values.
import java.io.*;

class GFG
{
    public static void main(String args[])
    {
        double principal = 10000, rate = 10.25, time = 5;

        /* Calculate compound interest */
        double CI = principal *
                    (Math.pow((1 + rate / 100), time));
        
        System.out.println("Compound Interest is "+ CI);
    }
}
// This code is contributed by Anant Agarwal.
Please refer complete article on Program to find compound interest for more details!

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