Interest Rate Calculator

  • The program takes in four data point and calculate the Interest Rate, Discount Value and Effective Yield *
  • Index contains the basic markup
  • CSS remove default style and added custom styles
  • JS create calculate() function and performed the calculations.

Simple Interest Formula

Simple Interest=P×r×t/100 where:

  • P = Principal amount
  • r = Annual interest rate
  • t = Term of loan, in years

By @noaholatoye