Learn Java from Scratch - A Beginner's Guide - Step 07 - BigDecimal Exercises - Simple Interest Calculation

The video tutorial covers the creation of a simple interest calculator using Java. It emphasizes the importance of using BigDecimal for precise floating point calculations. The tutorial walks through the process of creating a Java class, implementing a constructor, and performing operations using BigDecimal. It also demonstrates how to calculate the total value of a loan with simple interest and tests the application to ensure accuracy.

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