An insurance company has declared the bonus on yearly basis on the two types of policies or plans on the basis of premium amount on yearly basis paid one time as per the given criteria: Premium Amount (Rs.) Child Plan Normal Plan Minimum 5000 3% 1.5% 5001-20,000 5% 3.5% 20,001-45,000 7% 6.0% 45,001 and above 10% 8.5% Write a program based on the above criteria to input name of person, address, premium amount(one time), number of years the policy/plan opted for and the type of plan(C for child and N for normal). Calculate the bonus amount for one year and also for total number of years the policy opted for. Calculate the maturity amount as follows: Bonus in a year= (Rate percent * 100)*-premium Bonus for number of years=bonus in one year*number of years Maturity amount=premium amount + bonus depending upon the years. Print name of the person, address, premium amount, number of years the policy opted for, name of plan, total bonus and maturity amount.
Answers
Explanation:
an an insurance company has declared the bounds on yearly basis on two type of policies or plans on the basis of premium amount on earlier basis paid on time as per the given criteria Premium amount in rupees child plan normal plan minimum 5000 3% 1.5% 5001 -20000 5% 20001 - 45000 7% 6.0 % 45001 and above 10% 8.5% write a program based on award criteria to input name of person address premium amount one time number of years the policy plan opted for and the type of plan for child and and for normal calculate the bounds amount for a year and also for total number of here the policy opted for calculate the amount has follows bounce in one year =( rate percentage 100* premium. BEDO bonus for number of years= bonus in one year*number of years. print name of person address premium amount number of year the policy opted for name of plant total bonus and maruti amount
