Lab 3 - Show me the money!!
You
have just been hired as payroll clerk for BIG Incorporated. You have decided to write a computer program
to help calculate the pay for a given employee.
Each employee has the following deductions taken from his/her paycheck:
Federal
Income Tax: 15%
State
Tax: 3.5%
Social
Security Tax: 5.75%
Medicare/Medicaid
Tax: 2.75%
Health
Insurance: $75.00
If
the person decides to contribute to a 401K then 5% is deducted for pension.
·
Have
your program prompt the user for his/her gross wages and his/her name.
·
Prompt
the user as to whether or not they wish to contribute to a 401 K
·
The
program will then produce output displaying the dollar amount for the above
deductions and the net pay.
·
Run
your program on three sets of input.
·
For
your output:
o
all
money values are printed to two decimal places.
o
the
first column is left justified and 30 spaces wide
o
the
second column is right justified and 10 spaces wide
Click
Here for grading Rubric. Make sure
your code satisfies all categories in the rubric. Print the rubric and staple to the front of
your lab. Fill in your name in the
appropriate place.
Sample
Output
Please
enter the gross salary amount: 3575
Please
enter your name: Barack Obama
Do
you wish to contribute to a 401K? Answer y for yes and n for n no: y
Barack
Obama ---------------------------------------------------- |
|
Gross
Amount: |
3575.00 |
Federal
Tax: |
536.25 |
State
Tax: |
125.13 |
Social
Security Tax: |
205.56 |
Medicare/Medicaid
Tax: |
98.31 |
401
K Pension Plan: |
178.75 |
Health
Insurance: |
75.00 |
Net
Pay: |
2356.00 |
Sample
Output II
Please
enter the gross salary amount: 400
Please
enter your name: Susan Imberman
Do
you wish to contribute to a 401K? Answer y for yes and n for n no: n
Barack
Obama ---------------------------------------------------- |
|
Gross
Amount: |
4000.00 |
Federal
Tax: |
60.00 |
State
Tax: |
140.00 |
Social
Security Tax: |
230.00 |
Medicare/Medicaid
Tax: |
110.00 |
401
K Pension Plan: |
0.00 |
Health
Insurance: |
75.00 |
Net
Pay: |
3385.00 |