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Easy Credit evaluates the credit limit of people based on their income and past credit limits. Based on these inputs, calculations are performed to ascertain the credit worthiness of the customer. The following is a pseudocode that will help them automate the system of checking the credit worthiness and then printing out the results so that Easy Credit's manager can make a decision on the limit to be given to the customer:
start
read Customer_Nameperform Calculate_SafetyLevel()perform Evaluate_History()print Customer_Nameprint 'Credit History of' Client_Name 'is' Historyprint 'Safety Level of' Client_Name 'is' Safety_Level
stop
Calculate_SafetyLevel()
read Customer_Incomeif Customer_Income >= $5000
Safety_Level = Excellent
elseif Customer_Income >= $3000
Safety_Level = Good
elseif Customer_Income >= $1500
Safety_Level = Ok
endif
return
Evaluate_History()
read Customer_History
if Customer_History = Clean
History = Good
elseif Customer_History = Pending_Balance
History = OK
elseif Customer_History = Defaulted
History = Risky
* Modify the pseudocode and optimize it.*Provide valid reasons why the pseudocode is now more efficient.
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