Calculate Simple Interest Program in Java

import java.util.Scanner;

public class SimpleInterestCalculator {
    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 rate of interest
        System.out.print("Enter the rate of interest (in percentage): ");
        double rateOfInterest = scanner.nextDouble();

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

        // Calculate the simple interest
        double simpleInterest = calculateSimpleInterest(principal, rateOfInterest, time);

        // Display the simple interest
        System.out.println("Simple Interest: " + simpleInterest);

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

    // Function to calculate simple interest
    public static double calculateSimpleInterest(double principal, double rateOfInterest, double time) {
        return (principal * rateOfInterest * time) / 100;
    }
}