SophiaPretty

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Category > Computer Science Posted 28 Nov 2017 My Price 6.00

flowchart that calculates the interest on a capital loan.

Develop a raptor flowchart that calculates the interest on a capital loan. The capital loan must be provided as input. he interest rates are given below.

4% on the first $100,00 of the capital loan +

7% on the next $200,00 of the capital loan (on the portion of the loan over $100,00 up to $300,000) +

18% on the next $500,000 of the capital loan (on the portion of loan over $300,000 up to #800,000) +

25% of capital loan over $800,000

 

Hint: Apply the appropriate interest calculation rule on where the input loan lies with respect to the interest brackets. Notice the similar structure of these rules to those of the Federal Income Tax.

Answers

SophiaPretty
(5)
Status NEW Posted 28 Nov 2017 01:11 PM My Price 6.00

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