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    Hafeex

    @Hafeex

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    • RE: CS402 Assignment 2 Solution and Discussion

      Develop a program that calculates Loan in C++. Your program should satisfy the following requirement:
      User Input:
      1 User is asked to enter name.
      2 User is asked to enter number of dependent with range (0-5).
      3 User is asked to enter status i.e. (Permanent or Probation).
      4 User is asked to enter Salary.
      5 User is asked to enter Duration at Job (in years):
      o <1
      o 1-2
      o 2-4
      o 4-7
      o >7
      6 User is asked how much loan is required.

      Criteria:
       Loan can be given if and only if a person is on Permanent job for more than 1 years.
       Minimum salary from which a loan can be given is 35,000 per month for a person having no
      dependent. Minimum salary requirement increases by 20,000 per dependent.
       If years of services is from 1 to 2 years, then max loan amount can be up to 6 salaries.
       If years of services is from 2 to 4 years, then max loan amount can be up to 8 salaries.
       If years of services is from 4 to 7 years, then max loan amount can be up to 10 salaries.
       If years of services is from 7 to 10 years, then max loan amount can be up to 12 salaries.
       If years of services is more than 10 years, then max loan amount can be up to 24 salaries.
       Add 13% interest on the approved loan amount. This amount will be payable within 8 years’
      time i.e. 96 months.
       If the money to lend is more than the lend amount, then calculate the difference and show it
      properly.
       For unsuccessful Loan Application: Show Message: “CUSTOMER NAME, your lend
      application has not been successful this time”.
       For Successful Loan Application: Show Message: “Congratulations CUSTOMER NAME, your
      lend application is successful this time. Your monthly installment will be ______ Amount
      Payable for 96 months”.

      posted in CS402 - Theory of Automata
      H
      Hafeex