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C++ ,Design a program that will read a loan amount and compute and print the required deposit [closed]

April 10, 2020 by

Questions › C++ ,Design a program that will read a loan amount and compute and print the required deposit [closed]
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Garmaine asked 4 years ago
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Closed 9 hours ago.

  1. A home mortgage authority requires a deposit on home loan according to the following schedule:

Loan Amount ($) Deposits Less than 25,000 5% of loan value 25,000 – 49,999 $1250 plus 10% of loan over 25,000 50,000 – 100,000 $5000 plus 25% of loan over 50,000

Loans in excess of $100,000 are not allowed. Design a program that will read a loan amount and compute and print the required deposit.

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