HA-1 - C&DS Home Assignment I 1 A bank accepts fixed...

This preview shows page 1 - 2 out of 2 pages.

C&DS Home Assignment- I 1) A bank accepts fixed deposit for a year or more and the policy on interest rate is as follows: (i) If a deposit is less than ` 10,000 and for two or more years, the interest rate is 5% compounded annually. (ii) If a deposit is ` 10,000 or more, but less than ` 50,000 and for two or more years, the interest rate is 7% compounded annually. (iii) If the deposit is ` 50,000 or more and is for one year or more the interest rate is 8% compounded annually. (iv) On all deposits for five years or more interest rate is 10% compounded annually. (v) On all other deposits not covered by the above conditions, the interest rate is 3%. (vi) If the customer is holder of any type of account for last five years, an additional 1% interest is allowed. Draw a flow chart to obtain the money in customer's account and interest credited at the time of withdrawal. 2) Draw a flow chart to calculate discounts allowed to customers on the following basis : Order Quantity Normal Discount 1-500 12.5% 501-1500 17.2% 1501-3000 19.25% 3000 and above 22.15%
Image of page 1

Subscribe to view the full document.

Image of page 2
  • Fall '16
  • Credit card, minimum monthly payment

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern