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Applicant Approval Assessment Program

The program determines if a loan applicant is approved by calculating their net salary, comparing it to a qualifying amount, and checking if their total expenses and loan payments are less than or equal to twice their current balance; it prompts the user to input the applicant's gross salary, deductions, expenses, loan payments, and balance to perform these calculations and output whether the applicant is qualified and approved. The program uses a loop to allow the user to continue running it for multiple applicants by inputting 'Y' or 'N' to continue or end.

Uploaded by

DJ KILLA BEAN
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6 views3 pages

Applicant Approval Assessment Program

The program determines if a loan applicant is approved by calculating their net salary, comparing it to a qualifying amount, and checking if their total expenses and loan payments are less than or equal to twice their current balance; it prompts the user to input the applicant's gross salary, deductions, expenses, loan payments, and balance to perform these calculations and output whether the applicant is qualified and approved. The program uses a loop to allow the user to continue running it for multiple applicants by inputting 'Y' or 'N' to continue or end.

Uploaded by

DJ KILLA BEAN
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Program: Determine Whether an applicant is Approved

START
Define The Royal, The Royal AS STRING
Define Gross Income, Salary Deduction, The Royal, Total Loan Payments, Total
Expenses, Ba lance AS INTEGER
Gross Income=Salary deduction=Total Loan Payments=Total Expenses=Balance=0
Set Count = 0
Choice = Y
While Choice <> N Do
Print Enter Gross salary, Salary deduction, Total Loan Payments, Total
Expenses, and Balance
Input The Applicant Name, Gross salary, Salary deduction
PRINT Gross salary, Salary deduction, Total Loan Payments, Total Expenses,
and Balance

Net salary= Gross Salary-Salary deduction


IF Net Salary > $12000 then
Print Applicants Name
Print Qualified ELSE
Print Not Qualified

1
IF Total Expenses + Total Loan Payments<= 2 *Balance then

Print Applicants Name


Print Approved ELSE
Print Unapproved
end if
end if
Print Do you wish to continue, press Y for Yes and N for No
The Royal as String
Define

Read Gross Salary, Salary Deduction, The Royal, Total Loan Payments, Total
Expenses, Balance
Net salary= Gross Salary-Salary deduction
IF Net salary >Qualifying Salary THEN
Output Applicant qualified ELSE
Applicant Not- Qualified
1
IF Total Expenses + Total Loan Payments<= 2 *Balance

Output Applicant Approved ELSE


Applicant Not Approved
Start

Enter Net Salary, Total Expenses, Total Repayment As Integer


The Royal As String
Read Net Salary, Total Expenses, Total Repayment, The Royal
1
IF Applicants Balance>= 2 *Net Income THEN

PRINT applicant approved ELSE


Applicant not-approved

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