This project calculates the compound interest, represents the result in form of a table, and also makes use of JFreeChart Library to represent the result graphically.

**Compound interest** is the addition of interest to the principal sum of a loan or deposit, or in other words, **interest on interest**. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

**Formula Used-**

The formula used for calculating Compound Interest in this project is-

A = P((1+r/n)^(nt))

Where-

A- Maturity Amount

P- Principal Amount

r- Rate of Interest

n- Number of times amount compounded per year

**Requirements-**

I used **Netbeans IDE** to make this Project.

I used **JFreeChart library** to make the charts from the data produced after calculation.

**jfreechart-1.0.1.jar** and **jcommon-1.0.0.jar** are required for this project. They can be downloaded from the internet.

Below are the screenshots of the working of the application.

**Screenshot-1 (Home Page)**

**Screenshot-2 (Tabular representation of the calculated result)**

**Screenshot-3 (Line Chart representation of the calculated result)**

**Screenshot-4 (Bar Chart representation of the calculated result)**

**Screenshot-5 (3D-Bar Chart representation of the calculated result)**

You can find the source code in the project zip file.

Submitted by MADHUR AGRAWAL (madhuragrawal)

Download packets of source code on Coders Packet

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