Copy/paste this code into a file IfElse.java
:
// This program demonstrates if/else statement
// Electronic loan approval
public class IfElse {
public static void main (String [] args) {
// For simplicity the numbers are fixed,
// not obtained as input
double loan_amount = 5500;
// yearly salary
double salary = 30000;
// approval policy: a loan is approved if
// the total amount is no more than 20% of the salary
if (loan_amount * 5 > salary) {
System.out.println("Unfortunately you can't get a loan");
} else { // loan is approved.
System.out.println("Your loan has been approved. ");
// figure out APR: if the loan is for more than $5000
// then it's 5%, otherwise it's 7%
if (loan_amount < 5000) {
System.out.println("The APR is 7%");
} else {
System.out.println("The APR is 5%");
}
}
}
}
This is an example from CSci 1211 course.