Simple Interest Calculator

A simple, user-friendly tool developed to calculate the simple interest accrued over a specific period given the principal amount, annual interest rate, and time duration.

Table of Contents

• Features
• Formula Used
• How to Run
• Technologies Used
• License

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Features

• Accurately calculates simple interest based on user inputs.
• Calculates the total final amount (Principal + Interest).
• Clear, readable, and easy-to-use application layout.

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Formula Used

The application utilizes the standard financial formula for calculating simple interest:

$$\text{Simple Interest (SI)} = \frac{P \times R \times T}{100}$$

$$\text{Total Amount (A)} = P + \text{SI}$$

Where:

• P = Principal investment or loan amount
• R = Annual interest rate (in percentage)
• T = Time period the money is invested or borrowed for (in years)

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How to Run

1. Clone the repository:

   git clone [https://github.com/your-username/repository-name.git](https://github.com/your-username/repository-name.git)