Savings account-give the corresponding dss

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Reference no: EM131983849

Suppose a savings account earns 3% interest compounded monthly. After the first month $100.00 is deposited into the account. Each subsequent month the deposit increases by 1%. Thus, in month 2, $101.00 is deposited, and in month 3, $102.01 is deposited.

a) Give a flow diagram for this situation.

b) Give the corresponding DSS.

Reference no: EM131983849

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