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Hello, friends.

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Today we discuss how to find out the compound interest using math script window.

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So first of all, I just go to structures math script window or here, this is my math script window.

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So for the compound interest, we have a formula A is equal to P into parenthesis in between one plus

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R divided by 100 whole P.

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So first I have to calculate the power of one plus r divided by 100 which raise to t so for that purpose

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I just use a variable h that is equal to one plus.

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Or divide by 100.

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Or here are is my add input or is my interest.

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Okay, so now I want to calculate the power because t is raised to one plus r raise to 100.

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So to calculate this, let's say I have another variable G that is equal to power.

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This is my function that is used in math script window.

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So power of H into t h comma t.

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Okay.

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So it will give me the power.

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One plus r divided by 100 raised to T.

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So now my formula is amount.

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It is equal to principal into G.

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So now I just add input.

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That is my principal.

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I want to just add input.

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That is my time.

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T.

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And over here I just add output.

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That is my amount.

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This is my output.

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So over here I just create indicator.

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So this is complex value.

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So I just change it to value.

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So over here I just create control for rate of interest.

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Create control for principal.

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Create control for the time.

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So control t control u.

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It will minimize my function.

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Let's say I want to find out also the compound interest.

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So C is my compound interest.

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It is equal to amount minus principal.

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So I just add one more output over here.

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That is my compound interest.

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So it will give me the compound interest.

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Again, I just change it to double precision.

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So as you see over here in this case, so when I put some value inside it, let's say rate of interest

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is 10%.

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Principal amount is 100.

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And rate of time is one.

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So in this case, amount should be 110 and the compound interest should be ten.

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So as you see.

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So if you want to go for multiple more then one year it is now it is two year.

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So check the output is 121 and compound interest is 21.

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So this is how you can work with math script window in LabVIEW.

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Thank you.