Discount Insurance provides motor vehicle insurance to its customers. The company is introducing a hew discount program for its customers. You have been hired by the insurance company to create a java application to calculate policy discounts for all customers. Not all customers are eligible for a discount. Only customers who have held a policy longer than 3 years are eligible. In addition, a customer must have a driver rating of "Excellent", "Above Average", or 'Average". Customers with a rating of "Below Average" are not eligible for a discount. The discount amount is calculated based on the driver's rating and percentages of current yearly premium as shown below: Rating Excellent Percent Discount 15% Above Average Average 10% 5% For example: A customer holding a policy for 5 years with an "Excellent" rating and current yearly premium of $450, will get a discount calculated as: 5450 * .15 = $67.50 Your goal is to create an application to allow a user (a company staff) to continually input customer data until the user has inputted all customers and has indicated they are finished entering customer data. One by one, the application will enable the user to input a customer's name, Length of current policy in years, driver's rating and current yearly premium. Based on data provided, the application must print well-formatted detail stating whether or not the customer is eligible for a discount. For customers eligible for a discount, the application must also print the amount of the discount to be awarded to the customer. Upon completion of entering all customer data, the application will print a well formatted report that includes the total number of customers entered by the user, a count of customers that are eligible for a discount, and the average discount amount.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Discount Insurance provides motor vehicle insurance to its customers. The company is introducing a
new discount program for its customers. You have been hired by the insurance company to create a java
application to calculate policy discounts for all customers.
Not all customers are eligible for a discount. Only customers who have held a policy longer than 3 years
are eligible. In addition, a customer must have a driver rating of "Excellent", "Above Average",
"Average". Customers with a rating of "Below Average" are not eligible for a discount.
The discount amount is calculated based on the driver's rating and percentages of current yearly
premium as shown below:
Rating
Percent Discount
Excellent
15%
Above Average
10%
Average
5%
For example: A customer holding a policy for 5 years with an "Excellent" rating and current yearly
premium of $450, will get a discount calculated as:
$450 * .15 = $67.50
Your goal is to create an application to allow a user (a company staff) to continually input customer data
until the user has inputted all customers and has indicated they are finished entering customer data.
One by one, the application will enable the user to input a customer's name, Length of current policy in
years, driver's rating and current yearly premium. Based on data provided, the application must print
well-formatted detail stating whether or not the customer is eligible for a discount. For customers
eligible for a discount, the application must also print the amount of the discount to be awarded to the
customer. Upon completion of entering all customer data, the application will print a well formatted
report that includes the total number of customers entered by the user, a count of customers that are
eligible for a discount, and the average discount amount.
Transcribed Image Text:Discount Insurance provides motor vehicle insurance to its customers. The company is introducing a new discount program for its customers. You have been hired by the insurance company to create a java application to calculate policy discounts for all customers. Not all customers are eligible for a discount. Only customers who have held a policy longer than 3 years are eligible. In addition, a customer must have a driver rating of "Excellent", "Above Average", "Average". Customers with a rating of "Below Average" are not eligible for a discount. The discount amount is calculated based on the driver's rating and percentages of current yearly premium as shown below: Rating Percent Discount Excellent 15% Above Average 10% Average 5% For example: A customer holding a policy for 5 years with an "Excellent" rating and current yearly premium of $450, will get a discount calculated as: $450 * .15 = $67.50 Your goal is to create an application to allow a user (a company staff) to continually input customer data until the user has inputted all customers and has indicated they are finished entering customer data. One by one, the application will enable the user to input a customer's name, Length of current policy in years, driver's rating and current yearly premium. Based on data provided, the application must print well-formatted detail stating whether or not the customer is eligible for a discount. For customers eligible for a discount, the application must also print the amount of the discount to be awarded to the customer. Upon completion of entering all customer data, the application will print a well formatted report that includes the total number of customers entered by the user, a count of customers that are eligible for a discount, and the average discount amount.
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