Computers and Technology, 20.09.2020 16:01 DogeDogeLove

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 (income6), 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.

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Our bank needs a tool that will help us in determining credit worthiness of loan applicants. We will...