Question: Develop a Raptor flowchart to calculate and display the interest on a capital loan. The capital loan must be provided as input. The interest rates
Develop a Raptor flowchart to calculate and display the interest on a capital loan. The capital loan must be provided as input. The interest rates are given as follows:
- 2% on the first $50,000 of capital loan, plus
- 5% on the next $70,000 of capital loan (on the portion of loan over $50,000 up to $120,000), plus
- 7% on the next $80,000 of capital loan (on the portion of loan over $120,000 up to $200,000), plus
- 14% on the portion of loan over $200,000
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