Draw a flowchart and write pseudocode for each of the following scenarios for the ABC College:a. The current annual matriculation fee is $12,000.00 and it is expected to increase by 5% each year. Show the matriculation fee for the next 10 years.b. Revise (a) so that the user can enter the rate of increase, instead of having it set at 5%.c. Revise (a) so that the user enters the rate of increase for the first year and it then increases by 0.3% each subsequent year.

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Draw a flowchart and write pseudocode for each of the following scenarios for the ABC
College:
a. The current annual matriculation fee is $12,000.00 and it is expected to increase
by 5% each year. Show the matriculation fee for the next 10 years.
b. Revise (a) so that the user can enter the rate of increase, instead of having it set
at 5%.
c. Revise (a) so that the user enters the rate of increase for the first year and it then
increases by 0.3% each subsequent year.

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