An authority requires a deposit on a car loan according to the following schedule: Loan$ Deposit Less than $10000 10% of loan value Less than $15000 $200 + 6% of loan value Less than $20000 $500+ 5% of loan value Less than $50000 $1000 + 3% of loan value Loans in excess of $50000 are not allowed. Write a complete program that will read a loan amount and compute and print the required deposit. C++ language only.
An authority requires a deposit on a car loan according to the following schedule:
Loan$ Deposit
Less than $10000 10% of loan value
Less than $15000 $200 + 6% of loan value
Less than $20000 $500+ 5% of loan value
Less than $50000 $1000 + 3% of loan value
Loans in excess of $50000 are not allowed. Write a complete
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