The expected output if I enter £100, 0.10, 10 (10 years) should be £259.37, but I'm getting 100.00000001000001
using System;
using System.Security.Cryptography;
namespace compound_interest
{
class Program
{
static void Main(string[] args)
{
Console.Write("Please enter the amount of money that is being compounded! ");
double P = Convert.ToDouble(Console.ReadLine());
Console.Write("Please enter the amount of interest (write it is 0.10 for 10% etc!! ");
double MP2 = Convert.ToDouble(Console.ReadLine());
Console.Write("Please enter the number of years");
double Y = Convert.ToDouble(Console.ReadLine());
double MP1 = Convert.ToDouble(Math.Pow(MP2, Y));
double MP = (MP1) + 1;
double A = (P) * (MP);
Console.WriteLine(A);
}
}
}
Before you do this
double MP1 = Convert.ToDouble(Math.Pow(MP2, Y));
Do this
MP2 = 1 + MP2
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