An authority requires a deposit on a car loan according to the following schedule: Loan$ Deposit Less than $10000 10% of loan value Less than $15000 $200 + 6% of loan value Less than $20000 $500+ 5%...


An authority requires a deposit on a car loan according to the following schedule:


            Loan$                                                              Deposit


            Less than $10000                                            10% of loan value


            Less than $15000                                            $200 + 6% of loan value


            Less than $20000                                            $500+ 5% of loan value


            Less than $50000                                            $1000 + 3% of loan value


Loans in excess of $50000 are not allowed. Write a complete program that will read a loan amount and compute and print the required deposit. C++ language only.



Jun 07, 2022
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