Compound Interest in Java

1import java.util.Scanner;
2
3public class Main {
4    public static void main(String[] args) {
5        Scanner sc = new Scanner(System.in);
6
7        System.out.print("Enter principal: ");
8        double p = sc.nextDouble();
9        System.out.print("Enter annual rate of interest: ");
10        double r = sc.nextDouble();
11        System.out.print("Enter time (in years): ");
12        double t = sc.nextDouble();
13        System.out.print("Enter number of times interest applied per year: ");
14        int n = sc.nextInt();
15
16        double amount = p * Math.pow(1 + (r / (100 * n)), n * t);
17        double ci = amount - p;
18
19        System.out.println("Compound Amount = " + amount);
20        System.out.println("Compound Interest = " + ci);
21
22        sc.close();
23    }
24}