please provide a detailed solution with full explanation

the language used should be C

Q17. "Hello World Bank is giving 3.25% yearly interest to every account holder in that bank irrespective of their account balance or gender. However, a female having balance more than 1,00,000 rupees are getting 4.75% interest and the senior citizens with balance more than 75,000 are getting 8.25% interest. Also anyone having balance amount less than 5,000 rupees will get penalty for 1.25% but this is not applicable on senior citizens. Write a program in which a user enters his balance, age and gender and system will print the updated amount balance along with the information of interest and penalty for that financial year. Only one category of interest can be applied to any individual. Assume user will enter valid inputs and senior citizen is 60 yrs and above