Question: 11.4 Construct a limited entry decision table from the following description of a loan companys activities. A loan company will offer loans to applicants based

11.4 Construct a limited entry decision table from the following description of a loan company’s activities.

A loan company will offer loans to applicants based upon their age and their employment history. Applicants who are below the age of 25 are required to supply details of a suitable guarantor who can provide security for the loan. An interest rate of 14% per annum is charged, and the loan is offered for a maximum of 5 years. If the applicant is 25 years of age or older then they do not need to provide a guarantor provided they can supply an employer’s reference and a reference from their bank. These applicants are charged a rate of 12%, and the loan can be extended to 10 years. If they are unable to supply a bank reference but can provide a guarantor then they will still be allowed to obtain a loan at a 12% interest rate but the loan must be repaid in 5 years. Applicants who are under the age of 25 and who supply a bank reference and employer’s reference and a guarantor will be allowed a loan at 12% per annum for up to 10 years. All other applications will be refused.

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