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Create a program to determine the Loan Interest Rate based on credit scores. Use

ID: 644646 • Letter: C

Question

Create a program to determine the Loan Interest Rate based on credit scores. Use if..else statements to find the interest rate.

Write a program that will give the interest rate for a new loan based on a given credit score. Use exception handling to capture incorrect data input and provide an error message to the user.

Credit score Interest Rate

850-720 5.56%
719-690 6.38%
60 689 7.12%
625-659 9.34%
590-624 12.45%
Below 590 no credit issued.

Prompt the user for the credit score. Determine and display the user input credit score and the interest rate associated with the credit score.

Explanation / Answer

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