Answer to Question #322706 in C# for Her

Question

1.The user shall be able to enter the following values: a.Gross monthly income (before deductions). b.monthly tax deducted. c.monthly expenditures in each of the following categories: i.Groceries ii.Water and lights iii.Travel costs (including petrol) iv.Cell phone and telephone v. Other expenses 2.The user shall be able to choose between renting accommodation or buying a property. 3.If the user selects to rent, the user shall be able to enter the monthly rental amount. 4.If the user selects to buy a property, the user shall be required to enter the following values for a home loan:a.Purchase price of property. b.Total deposit. c.Interest rate (percentage). d.Number of months to repay (between 240 and 360) 5.The software shall calculate the monthly home loan repayment for buying a property based on the values that the user entered.6.If the monthly home loan repayment is more than a third of the user’s gross monthly income, the software shall alert the user that approval of the home loan is unlikely.

Answer 1

    internal class Program
    {
        static void Main(string[] args)
        {
            double income = SetExpensenAndIncome();
            SetAccommodation(income);
            Console.ReadKey();
        }
        static void SetAccommodation(double income)
        {
            while (true)
            {
                Console.Write("Are you renting accommodationor buying:");
                switch (Console.ReadLine())
                {
                    case "renting":
                        {
                            Console.Write("Enter the monthly rental amount.");
                            Console.ReadLine();
                            return;
                            break;
                        }
                    case "buying":
                        {
                            Console.WriteLine("Enter the following values for a home loan");
                            Console.Write("Purchase price of property:");
                            double priceOfProperty = double.Parse(Console.ReadLine());
                            Console.Write("Total deposit:");
                            double totalDeposit = double.Parse(Console.ReadLine());
                            Console.Write("Interest rate (percentage):");
                            double rate = double.Parse(Console.ReadLine());
                            while (true)
                            {
                                Console.Write("Number of months to repay (between 240 and 360):");
                                int monthsToRepay = int.Parse(Console.ReadLine());
                                double monthlyHomeLoans = 0;
                                if (monthsToRepay >= 240 && monthsToRepay <= 360)
                                {
                                    rate = rate / 100 / 12;
                                    monthlyHomeLoans = (priceOfProperty - totalDeposit) * (rate * Math.Pow(1 + rate, monthsToRepay)
                                        / (Math.Pow(1 + rate, monthsToRepay) - 1));
                                    if (monthlyHomeLoans > income / 3)
                                    {
                                        Console.WriteLine("Approval of the home loan is unlikely.");
                                        return;
                                    }
                                    Console.WriteLine("Approval of the home loan is likely.");
                                    return;
                                }
                                Console.WriteLine("Error. Enter again");
                            }
                            break;
                        }
                    default:
                        {
                            Console.WriteLine("You must enter whether renting or buying");
                            break;
                        }
                }
            }
        }
        static double SetExpensenAndIncome()
        {
            Console.WriteLine("Enter your expenses and income");
            Console.Write("Gross monthly income (before deductions): ");
            double income = double.Parse(Console.ReadLine());
            Console.Write("Estimated monthly tax deducted: ");
            Console.ReadLine();
            Console.WriteLine("Estimated monthly expenditures in each of the following categories:");
            Console.Write("Groceries: ");
            Console.ReadLine();
            Console.Write("Water and lights: ");
            Console.ReadLine();
            Console.Write("Travel costs (including petrol): ");
            Console.ReadLine();
            Console.Write("Cell phone and telephone: ");
            Console.ReadLine();
            Console.Write("Other expenses: ");
            Console.ReadLine();
            return income;
        }
    }