How would you write the code for this homework on visual design C++ win 32 Credi

Question

How would you write the code for this homework on visual design C++ win 32

Credit Assist v1.1 Our bank needs a tool that will help us in determining credit worthiness of loan applicants.

We will enter the following information to Credit Assist program:

- Monthly Income (income) - Total Debt (debt)

- Monthly minimum payments for the debt (minPay)

If total debt is more than 6 months monthly income of the applicant (income*6), we cannot grant any loan. Inform user that no loan can be granted.

Otherwise, you subtract the minimum monthly debt payment from monthly income. We can allow up to 30% of that amount as loan.

credit = (income - minPay) * 0.3 Let user know that the applicant can be approved for upto this (credit) amount.

Hints are

#include

using namespace std;

int main()
{
// this is where your code goes
system("PAUSE");
return 0;
}

double income;
cout << "What is your income? ";
cin >> income;

if (debt > 6 * income)
{
// cout to user that cannot grant loan
}
else
{
double credit; // declare output variable
credit = (income - minPay) * 0.3;// processing
// cout to user that they are approved for credit amount.

Explanation / Answer

#include <iostream>

using namespace std;

int main()
{
// this is where your code goes
double income,debt,minPay,credit;
cout << "What is your income? ";
cin >> income;
cout << "What is your total debt? ";
cin >> debt;
if (debt > 6 * income)
{
cout<< "The user is not eligble for loan";
}
else
{
cout<<"What is the monthly minimum payments for the debt?";
cin>>minPay;
credit = (income - minPay) * 0.3;// processing
// cout to user that they are approved for credit amount.
cout<<"The approved loan amount is "<<credit;
}
}

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