Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

for visual studio. not python. Program 3: Loan Interest Rates Overview Write a program to calculate the interest rate for a particular amount of loan

for visual studio.

not python.

Program 3: Loan Interest Rates

Overview

Write a program to calculate the interest rate for a particular amount of loan as per the following table:

Directions

You must accept the amount of the loan from the user and display the rate of interest according to the table.

Hint: if the amount of loan is less than 10,000 or more than 50,00,000, display a message "Loan cannot be provided."

The listing below shows two examples of what the input and output for this program might look like. Input by the user is listed in blue.

Enter the Loan Amount: 1250000

The interest for the loan is 8

Enter the Loan

Amount: 10000

Loan cannot by provided...

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mobile Communications

Authors: Jochen Schiller

2nd edition

978-0321123817, 321123816, 978-8131724262

More Books

Students also viewed these Programming questions

Question

What is the market value unit method of accounting for investments?

Answered: 1 week ago