Java Programming for Complete Beginners - Java 16 - Step 07 - BigDecimal Exercises - Simple Interest Calculation

The video tutorial covers the use of BigDecimal for precise floating point calculations in Java, focusing on creating a simple interest calculator. It explains the importance of using BigDecimal over float and double for accuracy, and guides through building a Java class to calculate simple interest. The tutorial includes handling imports, constructing the class, and performing operations using BigDecimal methods. Finally, it demonstrates running the application and interpreting the results.

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