Use a java) A home mortgage authority requires a deposit on a home loan according to the following schedule:

Loans in excess of $100,000 are not allowed. Design an algorithm that will read a loan amount and compute and print the required deposit.

Use a java A home mortgage authority requires a deposit on a home loan according to the following schedule: Loan $ Less than $25,000 $25,000 $49,999 $50,000 $100,000 Deposit 5% of loan value $1,250 + 10% of loan over $25,000 $5,000 + 25% of loan over $50,000 Loan in excess of $100,000 are not allowed. Design an algorithm that will read a loan amount and compute and print the required deposit