An authority requires a deposit on a car loan according to the following schedule: Loan$ Less than $5000 Less than $10000 Less than $20000 Deposit 10% of loan value 100+ 5% of loan value $400+ 3% of loan value Loans in excess of $20000 are not allowed. Write a complete program that will read a loan amount and compute and print the required deposit. You have to use Clanguage

Programming Logic & Design Comprehensive
9th Edition
ISBN:9781337669405
Author:FARRELL
Publisher:FARRELL
Chapter8: Advanced Data Handling Concepts
Section: Chapter Questions
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An authority requires a deposit on a car loan according to the following schedule:
Deposit
10% of loan value
Loan$
Less than $5000
Less than $10000
Less than $20000
100+ 5% of loan value
$400+ 3% of loan value
Loans in excess of $20000 are not allowed. Write a complete program that will read a loan amount and compute and print the required deposit. You have to use Clanguage
Paragranh
Transcribed Image Text:An authority requires a deposit on a car loan according to the following schedule: Deposit 10% of loan value Loan$ Less than $5000 Less than $10000 Less than $20000 100+ 5% of loan value $400+ 3% of loan value Loans in excess of $20000 are not allowed. Write a complete program that will read a loan amount and compute and print the required deposit. You have to use Clanguage Paragranh
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