## Introduction to FD Rate Calculation

In any banking project, accurately calculating Fixed Deposit (FD) rates is crucial for both developers and end-users. This tutorial will guide you through implementing a precise FD rate calculation feature using C#.net Application Developement. By the end of this article, you will have a functional component that handles FD computations efficiently.

**Inorder to calculate the FD Rates follow the below conditions**

**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

**Full Source of the Project for calculation the Total**

double fdrate, intrate, total; private void button1_Click(object sender, EventArgs e) { fdrate = double.Parse(txtFDRate.Text); intrate = 0; if(fdrate <= 100000) { MessageBox.Show("FD Rate Cannot be Applied"); } else { if(fdrate >= 100000 & fdrate < 500000) { intrate = fdrate * 4.75 / 100; } else if (fdrate >= 500000 & fdrate < 1000000) { intrate = fdrate * 6.25 / 100; } else { intrate = fdrate * 8 / 100; } } lblrate.Text = intrate.ToString(); total = fdrate + intrate; lbltotal.Text = total.ToString(); } }