12

Software Requirements Specification (SRS) for Savings Account Interest Calculator

Introduction

Purpose:

The purpose of this document is to define the requirements for the development of a Savings Account Interest Calculator. This web-based application aims to calculate the interest earned on savings account balances over a specified period.

Scope:

The Savings Account Interest Calculator will provide users with an interface to input details such as the initial savings account balance, interest rate, and duration. The application will calculate and display the interest earned over the specified period.

System Overview

System Description:

The system will be a client-server application. Users will access the Savings Account Interest Calculator through a web browser. The server will handle the logic for interest calculations.

System Architecture:

The application will follow a three-tier architecture: presentation layer (client-side browser), application layer (server-side processing), and data layer (storage and retrieval of data).

Functional Requirements

Use Cases:

Calculate Savings Account Interest:

  • Users can input details such as initial savings account balance, interest rate, and duration.
  • The system will calculate and display the interest earned on the savings account balance over the specified period.

Functional Requirements:

Input:

The system shall allow users to enter the following details:

  • Initial Savings Account Balance (Decimal)
  • Annual Interest Rate (Decimal)
  • Duration (in months or years)

Calculation:

  • The system shall calculate the interest earned on the savings account balance based on standard parameters and user-input details.

Output:

  • The system shall display the calculated interest earned to the user.

External Interface Requirements

User Interfaces:

  • The user interface shall consist of input fields for the initial savings account balance, annual interest rate, and duration, along with a “Calculate” button.
  • The calculated interest earned shall be displayed prominently.

Hardware Interfaces:

The system should be compatible with standard computing hardware.

Software Interfaces:

  • The application will be developed using HTML, CSS, and JavaScript for the frontend.
  • The backend can be implemented using a server-side framework (e.g., Node.js, Django) with a database for data storage.

Communication Interfaces:

The application will communicate with the server for interest calculations.

Performance Requirements

Response Time:

The system should provide a response time of under 3 seconds for a typical user input.

Throughput:

The application should handle at least 50 simultaneous users.

System Constraints

Regulatory Requirements:

The application should comply with relevant financial regulations.

Hardware Limitations:

The system should be compatible with devices supporting standard web browsers.

Security Requirements

Authentication:

User authentication may be implemented for personalized features.

Data Protection:

User data, if stored, should be securely protected.

Quality Attributes

Reliability:

The application should provide accurate interest calculations based on the entered details.

Maintainability:

The code should be well-documented for ease of maintenance.

Usability:

The user interface should be intuitive, requiring minimal guidance.

Testing Requirements

Test Cases:

Test cases should cover various scenarios with different initial savings account balances, interest rates, and durations to ensure accurate interest calculations.

Test Case 1:

  • Inputs: Initial Savings Account Balance = 10,000 INR, Annual Interest Rate = 3%, Duration = 12 months.
  • Expected Output: Interest Earned ≈ 300 INR.

Test Case 2:

  • Inputs: Initial Savings Account Balance = $5,000, Annual Interest Rate = 2.5%, Duration = 24 months.
  • Expected Output: Interest Earned ≈ $255.

Test Case 3:

  • Inputs: Initial Savings Account Balance = 20,000 INR, Annual Interest Rate = 4%, Duration = 6 months.
  • Expected Output: Interest Earned ≈ 400 INR.

Acceptance Criteria:

The application is considered successful if it produces correct interest calculations based on the provided details.

Project Timeline

Milestones:

Design, Development, Testing, Deployment.

Development Phases:

Frontend development, Backend development, Testing, Deployment.

Glossary

None

Database Structure

Tables:

SavingsAccountInterest_Calculator_Records:

  • RecordID (Primary Key, Auto-increment)
  • InitialSavingsAccountBalance (Decimal)
  • AnnualInterestRate (Decimal)
  • Duration (Integer)
  • InterestEarned (Decimal)
  • CalculationDate (DateTime)

Conclusion

This SRS document outlines the requirements for the Savings Account Interest Calculator. It serves as a guide for the development team and ensures that the application meets the specified criteria. Review and approval by relevant stakeholders are essential before proceeding with the development phase.

201 comments

  1. Great post and straight to the point. I am not sure if this
    is actually the best place to ask but do you folks have any thoughts on where to employ some professional writers?
    Thanks in advance 🙂 Lista escape room

  2. I was studying some of your posts on this website and I believe this
    internet site is rattling informative! Continue posting..

  3. Aw, this was a very nice post. Taking the time and actual effort to make a great article… but what can I say… I hesitate a lot and don’t seem to get anything done.

  7. An outstanding share! I’ve just forwarded this onto a coworker who had been conducting a little research on this. And he actually bought me breakfast due to the fact that I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to discuss this topic here on your web page.

  8. This is the right web site for anyone who wants to understand this topic. You know a whole lot its almost tough to argue with you (not that I actually will need to…HaHa). You certainly put a fresh spin on a topic that has been written about for many years. Wonderful stuff, just excellent.

  11. Next time I read a blog, Hopefully it doesn’t disappoint me as much as this one. After all, Yes, it was my choice to read, but I actually believed you would have something helpful to say. All I hear is a bunch of complaining about something you could possibly fix if you weren’t too busy searching for attention.

  14. After I initially left a comment I appear to have clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get 4 emails with the same comment. Is there an easy method you are able to remove me from that service? Many thanks.

  24. You’ve made some good points there. I looked on the internet for more information about the issue and found most people will go along with your views on this web site.

  31. The next time I read a blog, Hopefully it won’t disappoint me as much as this particular one. I mean, I know it was my choice to read, nonetheless I really believed you would have something helpful to talk about. All I hear is a bunch of whining about something that you can fix if you weren’t too busy searching for attention.

  38. Howdy! I could have sworn I’ve been to your blog before but after looking at many of the posts I realized it’s new to me. Regardless, I’m definitely pleased I stumbled upon it and I’ll be book-marking it and checking back regularly.

  39. An impressive share! I’ve just forwarded this onto a coworker who was doing a little research on this. And he actually ordered me dinner simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending some time to discuss this matter here on your blog.

  40. Can I simply just say what a relief to uncover an individual who really knows what they are discussing over the internet. You definitely know how to bring a problem to light and make it important. A lot more people have to read this and understand this side of your story. I was surprised you are not more popular because you surely possess the gift.

  42. I would like to thank you for the efforts you have put in penning this blog. I am hoping to view the same high-grade content from you in the future as well. In fact, your creative writing abilities has encouraged me to get my own, personal blog now 😉

  45. Nice post. I learn something totally new and challenging on websites I stumbleupon every day. It’s always useful to read content from other writers and use a little something from their sites.

  48. An intriguing discussion is worth comment. There’s no doubt that that you should publish more about this subject, it might not be a taboo subject but generally folks don’t discuss these subjects. To the next! Many thanks!

  59. Right here is the right website for anyone who wishes to find out about this topic. You realize a whole lot its almost hard to argue with you (not that I actually will need to…HaHa). You definitely put a new spin on a topic that has been written about for ages. Wonderful stuff, just wonderful.

  60. When I originally left a comment I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on each time a comment is added I recieve four emails with the same comment. There has to be a means you can remove me from that service? Thank you.

  61. Howdy! I could have sworn I’ve been to this web site before but after looking at some of the articles I realized it’s new to me. Regardless, I’m certainly happy I stumbled upon it and I’ll be book-marking it and checking back frequently!

  62. Hi there! Do you know if they make any plugins to help with
    Search Engine Optimization? I’m trying to get my website to
    rank for some targeted keywords but I’m not seeing very good
    results. If you know of any please share. Many thanks!
    I saw similar art here: Warm blankets

  64. Hi, I do believe this is an excellent site. I stumbledupon it 😉 I’m going to revisit yet again since I bookmarked it. Money and freedom is the best way to change, may you be rich and continue to guide others.

  65. An interesting discussion is worth comment. I do believe that you should publish more on this subject, it may not be a taboo subject but usually people do not discuss such topics. To the next! Best wishes.

  66. I’d like to thank you for the efforts you have put in penning this site. I’m hoping to view the same high-grade blog posts by you in the future as well. In truth, your creative writing abilities has motivated me to get my own, personal site now 😉

  68. Right here is the perfect blog for anybody who really wants to understand this topic. You realize so much its almost tough to argue with you (not that I really will need to…HaHa). You certainly put a new spin on a subject which has been discussed for a long time. Excellent stuff, just excellent.

  69. Hi, I do think this is an excellent web site. I stumbledupon it 😉 I’m going to come back once again since I bookmarked it. Money and freedom is the best way to change, may you be rich and continue to help others.

  70. Good day! I could have sworn I’ve visited your blog before but after browsing through a few of the posts I realized it’s new to me. Anyways, I’m certainly happy I stumbled upon it and I’ll be book-marking it and checking back regularly.

  71. Hello! I simply want to give you a big thumbs up for the great information you have here on this post. I’ll be coming back to your blog for more soon.

  72. Greetings, I do think your website could be having web browser compatibility issues. When I look at your site in Safari, it looks fine however, if opening in IE, it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Other than that, great blog.

  74. Good day! I simply want to give you a huge thumbs up for the excellent info you’ve got right here on this post. I am coming back to your web site for more soon.

  75. Howdy! This blog post couldn’t be written much better! Going through this post reminds me of my previous roommate! He continually kept preaching about this. I most certainly will send this information to him. Fairly certain he’s going to have a great read. I appreciate you for sharing!

  79. An impressive share! I have just forwarded this onto a friend who has been conducting a little research on this. And he in fact bought me lunch due to the fact that I stumbled upon it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to discuss this subject here on your site.

  81. An impressive share! I’ve just forwarded this onto a coworker who was conducting a little research on this. And he actually ordered me lunch because I discovered it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanx for spending the time to talk about this issue here on your blog.

  83. The next time I read a blog, Hopefully it does not disappoint me just as much as this particular one. I mean, I know it was my choice to read, but I truly believed you would probably have something helpful to say. All I hear is a bunch of whining about something you could possibly fix if you weren’t too busy looking for attention.

  84. Spot on with this write-up, I absolutely think this site needs far more attention. I’ll probably be back again to see more, thanks for the info.

  85. I blog frequently and I truly appreciate your content. This article has really peaked my interest. I’m going to bookmark your blog and keep checking for new information about once per week. I subscribed to your RSS feed too.

  87. Having read this I believed it was extremely informative. I appreciate you taking the time and effort to put this informative article together. I once again find myself personally spending a significant amount of time both reading and leaving comments. But so what, it was still worthwhile!

  89. I blog frequently and I really thank you for your content. This great article has really peaked my interest. I will bookmark your blog and keep checking for new details about once per week. I subscribed to your Feed as well.

  90. I seriously love your blog.. Pleasant colors & theme. Did you build this amazing site yourself? Please reply back as I’m attempting to create my own personal blog and would love to find out where you got this from or just what the theme is named. Cheers.

  92. Spot on with this write-up, I truly believe this web site needs far more attention. I’ll probably be back again to see more, thanks for the information.

  93. Howdy, There’s no doubt that your blog could be having browser compatibility problems. Whenever I look at your web site in Safari, it looks fine but when opening in IE, it’s got some overlapping issues. I simply wanted to give you a quick heads up! Other than that, great blog!

  96. Your style is very unique in comparison to other people I have read stuff from. Thank you for posting when you have the opportunity, Guess I’ll just book mark this web site.

  104. I seriously love your site.. Great colors & theme. Did you develop this web site yourself? Please reply back as I’m hoping to create my own personal website and want to learn where you got this from or exactly what the theme is called. Appreciate it.

  106. Can I simply just say what a relief to discover an individual who truly knows what they’re talking about over the internet. You definitely realize how to bring an issue to light and make it important. More and more people have to check this out and understand this side of the story. I was surprised you aren’t more popular given that you definitely possess the gift.

  108. Hi, I do believe this is a great blog. I stumbledupon it 😉 I may come back yet again since I book marked it. Money and freedom is the best way to change, may you be rich and continue to help others.

  110. This is the right web site for anybody who wants to find out about this topic. You understand a whole lot its almost hard to argue with you (not that I actually would want to…HaHa). You certainly put a fresh spin on a subject that’s been discussed for a long time. Excellent stuff, just wonderful.

  111. I really love your site.. Great colors & theme. Did you create this amazing site yourself? Please reply back as I’m planning to create my very own blog and want to learn where you got this from or just what the theme is named. Thanks!

  112. I’d like to thank you for the efforts you have put in penning this site. I am hoping to see the same high-grade content by you later on as well. In truth, your creative writing abilities has inspired me to get my very own website now 😉

  115. Greetings, I believe your web site could be having browser compatibility problems. Whenever I look at your blog in Safari, it looks fine however, when opening in IE, it has some overlapping issues. I just wanted to give you a quick heads up! Other than that, excellent site.

  116. I seriously love your blog.. Very nice colors & theme. Did you develop this web site yourself? Please reply back as I’m wanting to create my very own blog and want to find out where you got this from or exactly what the theme is called. Appreciate it.

  120. An outstanding share! I have just forwarded this onto a coworker who has been doing a little homework on this. And he actually bought me breakfast due to the fact that I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to discuss this topic here on your web page.

  121. This is the perfect blog for anybody who really wants to find out about this topic. You realize so much its almost tough to argue with you (not that I personally would want to…HaHa). You certainly put a fresh spin on a subject that has been discussed for many years. Excellent stuff, just wonderful.

  123. The next time I read a blog, I hope that it doesn’t fail me as much as this one. I mean, Yes, it was my choice to read through, but I truly believed you would have something helpful to talk about. All I hear is a bunch of crying about something you can fix if you were not too busy seeking attention.

  125. I absolutely love your blog.. Great colors & theme. Did you build this web site yourself? Please reply back as I’m attempting to create my own personal website and would like to learn where you got this from or what the theme is called. Appreciate it.

  126. After going over a handful of the blog articles on your web site, I seriously like your technique of blogging. I added it to my bookmark site list and will be checking back soon. Please check out my web site as well and let me know how you feel.

  128. My sis recommended me about your web website and exactly how fantastic it really is. She is correct, I am genuinely amazed with the composing and clever style. Seems like to me you are merely itching the surface in terms of that which you might accomplish, nevertheless you are off to a terrific start!

  132. Howdy! I could have sworn I’ve visited this web site before but after browsing through a few of the articles I realized it’s new to me. Nonetheless, I’m certainly happy I found it and I’ll be book-marking it and checking back often.

  135. I discovered your site web site on bing and check many of your early posts. Keep up the good operate. I simply additional encourage Rss to my MSN News Reader. Looking for forward to reading much more from you finding out later on!…

  137. I blog frequently and I seriously thank you for your content. This great article has really peaked my interest. I’m going to bookmark your website and keep checking for new information about once per week. I opted in for your RSS feed as well.

  140. you are really a good webmaster. The site loading speed is incredible. It seems that you are doing any unique trick. Furthermore, The contents are masterwork. you have done a excellent job on this topic!

  143. You’ve made some really good points there. I looked on the web for additional information about the issue and found most individuals will go along with your views on this website.

  144. I would like to thank you for the efforts you’ve put in writing this website. I am hoping the same high-grade site post from you in the upcoming also. In fact your creative writing abilities has inspired me to get my own website now. Actually the blogging is spreading its wings rapidly. Your write up is a great example of it.

  146. The next time I learn a blog, I hope that it doesnt disappoint me as a lot as this one. I mean, I know it was my option to read, however I truly thought youd have something interesting to say. All I hear is a bunch of whining about something that you could possibly repair when you werent too busy in search of attention.

  147. I’m happy I found this website! From time to time, students want to cognitive the keys of productive literary essays composing. Your first-class know-how about this good post can become a proper basis for such people. cheers!

  149. If more people that write articles really concerned themselves with writing great content like you, more readers would be interested in their writings. Thank you for caring about your content.

  150. Most significant masculine messages will need to seat and offer honour around the special couple. Beginer audio systems face-to-face with loud throngs of people should always be mindful of my essential rule among bodybuilders including formal presentations, which is own interests self. best man speeches brother

  151. Good post. I learn something totally new and challenging on sites I stumbleupon on a daily basis. It’s always interesting to read through articles from other authors and practice something from other sites.

  154. So many writers today don’t take pride in their work the way you obviously do. Thank you for your dedication to excellent writing and creating this wonderful content. It’s as if you read my mind.

  158. After study a handful of the blog posts in your site now, we truly appreciate your method of blogging. I bookmarked it to my bookmark website list and will also be checking back soon. Pls take a look at my site also and tell me how you feel.

  160. I just could not depart your web site prior to suggesting that I actually enjoyed the standard information an individual supply to your visitors? Is gonna be back steadily in order to investigate cross-check new posts.

  164. I’d like to thank you for the efforts you have put in penning this blog. I’m hoping to check out the same high-grade content from you in the future as well. In fact, your creative writing abilities has inspired me to get my very own site now 😉

  167. great post, very informative. I’m wondering why the other experts of this sector do not notice this. You must proceed your writing. I am confident, you have a huge readers’ base already!

  169. This is a right weblog for everyone who wants to discover this topic. You know much its nearly difficult to argue with you (not too I really would want…HaHa). You actually put a whole new spin with a topic thats been revealed for a long time. Excellent stuff, just great!

  170. Just want to say your article is as astonishing. The clarity in your post is just nice and i can assume you are an expert on this subject. Fine with your permission allow me to grab your feed to keep up to date with forthcoming post. Thanks a million and please continue the gratifying work.

  174. You are so interesting! I do not think I’ve read through something like that before. So wonderful to discover someone with a few genuine thoughts on this subject matter. Seriously.. many thanks for starting this up. This web site is something that is needed on the internet, someone with some originality.

  176. I have to thank you for the efforts you have put in writing this website. I really hope to see the same high-grade content from you in the future as well. In truth, your creative writing abilities has motivated me to get my own blog now 😉

  178. An intriguing discussion is definitely worth comment. I do think that you ought to write more about this subject, it might not be a taboo matter but usually people do not talk about these topics. To the next! All the best!

  180. An fascinating discussion may be valued at comment. I do believe that you simply write read more about this topic, it might not often be a taboo subject but normally persons are too few to dicuss on such topics. To a higher. Cheers

  181. What i don’t realize is in reality how you are no longer actually a lot more neatly-preferred than you may be right now. You are so intelligent. You understand thus considerably with regards to this subject, produced me in my view believe it from so many various angles. Its like women and men aren’t fascinated except it’s one thing to accomplish with Girl gaga! Your individual stuffs great. Always maintain it up!

  186. After exploring a handful of the articles on your website, I seriously like your way of writing a blog. I added it to my bookmark webpage list and will be checking back soon. Take a look at my website as well and tell me what you think.

  187. Aw, this was an extremely nice post. Finding the time and actual effort to create a great article… but what can I say… I procrastinate a lot and don’t manage to get anything done.

  189. Can I simply say what a relief to uncover someone that actually knows what they are discussing on the web. You definitely know how to bring a problem to light and make it important. A lot more people need to look at this and understand this side of your story. I was surprised you’re not more popular since you definitely have the gift.

  192. I would like to thank you for the efforts you have put in writing this website. I really hope to check out the same high-grade content from you in the future as well. In truth, your creative writing abilities has inspired me to get my own, personal site now 😉

  194. i believe,Cherish is often an new technology, the necessity to usually make improvements to. Exclusively, this kind of discovery isn’t in final summary is a few other pioneering technological advances, it’s not so much patent, possibly grant everyday people aside.

  198. An impressive share! I’ve just forwarded this onto a co-worker who has been doing a little research on this. And he actually bought me breakfast because I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending the time to discuss this topic here on your internet site.

  200. Hello there! This post could not be written much better! Reading through this post reminds me of my previous roommate! He constantly kept preaching about this. I am going to forward this information to him. Pretty sure he’s going to have a good read. I appreciate you for sharing!

  201. Greetings, I think your site could possibly be having browser compatibility problems. When I look at your blog in Safari, it looks fine however when opening in I.E., it has some overlapping issues. I simply wanted to give you a quick heads up! Other than that, wonderful website.

Leave a Reply

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

You May Also Like
46

Software Requirements Specification (SRS) for EMI Calculator

Software Requirements Specification (SRS) for EMI Calculator Introduction Purpose: The purpose of…
6

Software Requirements Specification (SRS) for Loan Tenure Calculator

Software Requirements Specification (SRS) for Loanecur Tenure Calculator Introduction Purpose: The purpose…
38 1

Software Requirements Specification (SRS) for Home Loan EMI Calculator

Software Requirements Specification (SRS) for Home Loan EMI Calculator Introduction Purpose: The…
38

Software Requirements Specification (SRS) for Car Loan EMI Calculator

Software Requirements Specification (SRS) for Car Loan EMI Calculator Introduction Purpose: The…