Question
please use a C++ code. Also provide a screenshot of the solution. AND DON'T COPY THE ANSWER FROM AN OLDER QUESTION! (Calculating Credit Limits) Collecting
please use a C++ code. Also provide a screenshot of the solution. AND DON'T COPY THE ANSWER FROM AN OLDER QUESTION!
(Calculating Credit Limits) Collecting money becomes increasingly difficult during periods of recession, so companies may tighten their credit limits to prevent their accounts receivable (money owed to them) from becoming too large. In response to a prolonged recession, one company has cut its customers credit limits in half. Thus, if a particular customer had a credit limit of $2000, it is now $1000. If a customer had a credit limit of $5000, it is now $2500. Write a program that analyzes the credit status of three customers of this company. For each customer you are given:
a) The customers account number
b) The customers credit limit before the recession
c) The customers current balance (i.e., the amount the customer owes the company).
Your program should calculate and print the new credit limit for each customer and should determine (and print) which customers have current balances that exceed their new credit limit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started