Calculate Compound Interest Program

import java.util.Scanner;

public class CompoundInterestCalculator {
    public static void main(String[] args) {
        // Create a Scanner object to read user input
        Scanner scanner = new Scanner(System.in);

        // Prompt the user to enter the principal amount
        System.out.print("Enter the principal amount: ");
        double principal = scanner.nextDouble();

        // Prompt the user to enter the annual interest rate (in percentage)
        System.out.print("Enter the annual interest rate (in percentage): ");
        double annualRate = scanner.nextDouble();

        // Prompt the user to enter the number of times interest is compounded per year
        System.out.print("Enter the number of times interest is compounded per year: ");
        int compoundFrequency = scanner.nextInt();

        // Prompt the user to enter the number of years
        System.out.print("Enter the number of years: ");
        double years = scanner.nextDouble();

        // Calculate the compound interest
        double compoundInterest = calculateCompoundInterest(principal, annualRate, compoundFrequency, years);

        // Display the compound interest
        System.out.println("Compound Interest: " + compoundInterest);

        // Close the scanner
        scanner.close();
    }

    // Function to calculate compound interest
    public static double calculateCompoundInterest(double principal, double annualRate, int compoundFrequency, double years) {
        double r = annualRate / 100; // Convert annual rate from percentage to decimal
        double n = compoundFrequency;
        double t = years;

        double compoundInterest = principal * Math.pow((1 + (r / n)), (n * t)) - principal;
        return compoundInterest;
    }
}