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Mwalimu savings society (MSS) Pays 5% interest on shares exceeding 100,000 shillings and 3% on shares that do not meet this target. However, no interest...

Mwalimu savings society (MSS) Pays 5% interest on shares exceeding 100,000 shillings and 3% on shares that do not meet this target. However, no interest is paid on deposits in the member’s MSS bank account
a) Design a pseudo code for a program that would:
i) Prompt the user for shares and deposit of particular members
ii) Calculate the interest and total savings
iii) Display the interest and total savings on the screen for particular members of the society.
b) Draw a flowchart for the above pseudo code.

Answers

Kavungya
a)START
PRINT “Enter member Name, share and Deposit”
INPUT Name, Shares, Deposit
IF shares > 100,000 THEN
Interest = 0.05 x Shares
ELSE
Interest = 0.03 x Shares
ENDIF
Total savings =Deposit + shares +Interest
PRINT Name, Total savings, Interest
STOP

b)fig1662019916.png
Kavungya answered the question on April 16, 2019 at 13:26

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