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

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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%

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