Calculate Simple Interest

Calculate Simple Intersert

 Calculate Simple Interest in Sql Server 2008

DECLARE @P float; DECLARE @R float; DECLARE @T float; DECLARE @SI float;
    set @P = 50000 ;
    set @R = 05;
    set @T = 05;
    set @SI = @P*@R*@T/100
    select @SI as 'Simple Interest' 


Calculate Compound Interest

select @P*POWER((1+@R/100),@T)-@P as 'compoundInterest'
 

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