Home Java Banking Application FD Rate Calculation using Java

Banking Application FD Rate Calculation using Java

1 min read
0
0
88

In this tutorials i am to teach Banking Application FD Rate Calculation using Java.

Input your FD Rates
FD Rate must be grater than 100,000.
below 100,000 no interest rates included.

if the FD Rate more than 100,000 include
following condition

1. if the FD Rate more than 100,000
include 4.75 interest rate

2. if the FD Rate more than 500,000
include 6.75 interest rate

3. if the FD Rate more than 1000,000
include 8 interest rate

 

Here is code 

public class FirstApp {

    public static void main(String[] args) {
        
    {
        double fdrate,interest_rate,accountbal;
        
        fdrate = 1500000;
        interest_rate = 0;
        accountbal =0;

        
        if(fdrate < 100000)
        {
            System.out.println("FDrate not below 100000");
        }
        else
        {
            
            if(fdrate >= 100000 && fdrate < 500000)
            {
                interest_rate = fdrate * 4.75/100;
            }
            else if(fdrate >= 500000 && fdrate < 1000000)
            {
                interest_rate = fdrate * 6.75/100;
            }
            else
            {
                interest_rate = fdrate * 8/100;
            }
            
            System.out.println("Your Interest rate is " + interest_rate);
            
            
            accountbal = fdrate + interest_rate;
            
            System.out.println("Your Total Amount  is " + accountbal);
            
        }
    
    }

   }
}

 

 

 

    Load More Related Articles
    Load More By admin
    Load More In Java

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Check Also

    React Inventory Management System Project

    Inventory Management App in React.this app explain the complete module of the Inventory sa…