The owner of a small business maintains a saving account where the interest is c

Question

The owner of a small business maintains a saving account where the interest is compounded daily at the rate of 7.25 % per annum. He withdraws $300 on every Friday to pay his business expenses. The following table gives the record of his deposits. Write a simple Ansi C program which reads in his deposits using single dimensional arrays and prepare a daily statement of his account. Your print out should indicate the day of the week, the date, the deposits, withdrawals made on that day, the interest accrued on that day and the current balance at end of the day. (you may assume that the account starts on the first day of the month which happens to be a MONDAY. Daily interest is given to the account at the end of every day. Draw the flow chart. Print out a table for your out-put.

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