I was struggling with with question, I was wondering if anyone could help me out...
A loan officer at a bank needs a program to determine whether a loan applicant qualifies for various kind of loans: automobile loans, home improvement loans, home mortgages, and so on. The criteria for eligibility must be established for each kind of loan; for example, eligibility for a home mortgage might require that the applicant have a down payment that is at least 20 percent of the purchase price of the home, must have been employed at least five years, must have an annual income that is at least 40 percent of the purchase price, and other credit obligations must not exceed 20 percent of the applicant?s annual income.
A)Develop a specification of the problem, including establishing criteria for the various kinds of loans. For this you might obtain the information from a locan band and other sources.
B)Develop a top-down dessign plan for a program for this loan eligibiltiy problem
C)Code and test the subprograms and the complete program that implements the design plan.