EMI Calculator Using Structure

• Problem Description

  
  1. Create a Structure called "EMI" and declare three variables as principal(float), rate(float), time(float)
  
  2. Create a structure variable as "e"
  
  3. Input the principal, rate and time.
  
  4. Calculate the EMI to be paid and the formula is as follows:
  
  
  One Month interest = rate=rate/(12*100)
  One Month Period = time=time*12
  
  totalemi= (principal*rate*pow(1+rate,time))/(pow(1+rate,time)-1)
  
  5. Print the final EMI

• Test Case 1

  
  Input (stdin)

  200000
  
  10
  
  2
  
  

  Expected Output

  Monthly EMI is=9228.99

• Test Case 2

  
  Input (stdin)

  400000
  
  15
  
  2
  
  

  Expected Output

  Monthly EMI is=19394.60

• Program

• #include <stdio.h>
  #include <math.h>
  struct EMI
  {
    float principal, rate, time, totalemi;
    }e; 
  int main()
  {
    scanf("%f",&e.principal);
    scanf("%f",&e.rate);
    scanf("%f",&e.time);
    e.rate=e.rate/(12*100);
    e.time=e.time*12;
    e.totalemi=            (e.principal*e.rate*pow(1+e.rate,e.time))/(pow(1+e.rate,e.time)-1);
    printf("Monthly EMI is=%.2f ",e.totalemi);
    return (0);
  }