compound interest calculation system in retail bank

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compound interest calculation system in retail bank

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Development of an Interest Calculation system for a retail bank Consider a retail bank which collects money from customers and in return gives them an interest at pre determined rate. Our objective is to automate this process of interest calculation. The system developed should calculate interest daily for each account having balance more than zero at the correct interest rate. This interest calculated will be cumulatively stored in a table which will be updated every day. Remember that the balance on which interest is calculated daily will ....etc [:=Read Full Message Here=:]
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PRESENTED BY: S.MARY PREETHI S.SHARON MONICA Why Spencer's Spencer’s Retail, one of India’s largest multi-format retail chain, delights an astonishing 4 million customers a month by delivering on its brand promise ± Makes Fine Living Affordable. Since inception Spencer’s has been a consumer-centric brand, constantly innovating, pioneering formats, evolving over time but always keeping consumer needs and satisfaction center-stage. Back in 1920, they were the first grocery chain in India. I ....etc [:=Read Full Message Here=:]
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Development of an Interest Calculation system for a retail bank Consider a retail bank which collects money from customers and in return gives them an interest at pre determined rate. Our objective is to automate this process of interest calculation. The system developed should calculate interest daily for each account having balance more than zero at the correct interest rate. This interest calculated will be cumulatively stored in a table which will be ....etc [:=Read Full Message Here=:]
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