The LENDER Bank, COBOL Programming

Assignment Help:
The LENDER Bank offers mortgages on homes valued up to $500,000. The required down payment is calculated as follows:

4% of the first $60,000 borrowed
8% of the next $30,000 borrowed
10% of the rest

The amount borrowed cannot exceed 50% of the value of the house.

Write a program (interactive processing) to accept input from a keyboard that specifies for each borrower the amount that he or she wishes to borrow along with the price at which the house is valued. Based on the data entered, display the following:

1. A message that indicates if the amount the user wishes to borrow is acceptable (no more than 50% of the value).

2. The required down payment if the amount to be borrowed is acceptable.

The student must provide an MS Word document or Adobe PDF containing the pseudocode for the program.

*I have the COBOL source codes to work with but don''t see the option to attach through here. Please advise.

Related Discussions:- The LENDER Bank

Indexed sequential files, INDEXED SEQUENTIAL FILES: In the indexed seq...

INDEXED SEQUENTIAL FILES: In the indexed sequential files which are also known as indexed files, the records are stored in the sequence order generally in ascending order. In

Subscript and index, What is the difference between subscript and index

What is the difference between subscript and index

Program of occurs clause, OCCURS CLAUSE - PROGRAM: We have to write a ...

OCCURS CLAUSE - PROGRAM: We have to write a program to elaborate occurs clause. Get names and marks of the students and show them on the screen.   identification division.

Condition - cobol programming, CONDITION - COBOL Programming: The cond...

CONDITION - COBOL Programming: The condition is an entity which at one point of time can have only one of the two values - true or false. As we already know that, the IF verb

Programming Assignment, I need help with a COBOL programming assingment. I ...

I need help with a COBOL programming assingment. I have started the program but I need help completing the program. I have 5 errors. Here is the question. 10. Suppose your company

If- else statement - cobol programming, IF ... ELSE STATEMENT: We are ...

IF ... ELSE STATEMENT: We are familiar with an easy form of the IF statement. The common form of the IF statement is as shown below: Each of the statement-1 and statem

Second form of divide verb, Second form of Divide verb: The second for...

Second form of Divide verb: The second form of this verb is as shown below: In this situation the identifier-1 or numeric- literal-1 will be divided by identifier-2 or

Compute verb, COMPUTE VERB: The COMPUTE verb is very powerful. All the...

COMPUTE VERB: The COMPUTE verb is very powerful. All the evaluations performed by the other 4 verbs can also be completed easily by using the COMPUTE verb. Its normal format i

Write statement - relative files, WRITE Statement:      The WRITE stat...

WRITE Statement:      The WRITE statement for a relative file has the format which is as shown below.          WRITE  record-name   [ FORM   identifier ]

Abbreviation of compound condition, Abbreviation: The Consecutive rela...

Abbreviation: The Consecutive relational conditions in a compound condition can be abbreviated in many cases as shown: (i) When the subjects in the consecutive relational c

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd