A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. For example, if an acre of land is valued at $10,000, its assessment value is $6,000. The property tax is then 72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $43.20. Write a Python program using functions that asks for the actual value of a piece of property and displays the assessment value and property tax This is Python Programming. I don't know where to go from here.

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
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A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual
value. For example, if an acre of land is valued at $10,000, its assessment value is $6,000. The property tax is then
72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $43.20. Write a Python
program using functions that asks for the actual value of a piece of property and displays the assessment value and
property tax

This is Python Programming. I don't know where to go from here. 

LabExercise7B – LabExercise7B.py
LabExercise7B LabExercise7B.py
LabExercise7B
Project
LabExercise7B.py
LabExercise7B ~/PycharmProjects/LabExercise7E 1
def main():
91 A 2 A 3
venv
2
# Ask for the property's assessment value.
bin
propertyvalue = input("Enter the property's actual value: ")
>
lib
4
prop(propertyvalue)
fo -gitignore
E pyvenv.cfg
LabExercise7B.py
Edef prop():
> ulı External Libraries
7
# Calculate the property's assessment value using the actual value.
assessmentvalue = propertyvalue * 0.6
print("The assessment value is $%.2f" % assessmentvalue)
8.
>
Scratches and Consoles
10
assessment(assessmentvalue)
11
12
Edef assessment(assessmentvalue):
propertytax = assessmentvalue * 0.0064
print("The property tax is $%.2f" % propertytax)
13
14
15
main()
16
asessment()
|
17
Run:
LabExercise7B x
/Users/gracemcdonald/PycharmProjects/LabExercise7B/venv/bin/python /Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py
Enter the property's actual value: 10000
Traceback (most recent call last):
File "/Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py", line 15, in <module>
%3D
main()
File "/Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py", line 4, in main
prop(propertyvalue)
TypeError: prop() takes 0 positional arguments but 1 was given
Process finished with exit code 1
Run
E TODO
O Problems
- Terminal
Python Packages
Python Console
Event Log
17:1
LF UTF-8
4 spaces Python 3.9 (LabExercise7B)
I Project
* Favorites
H. Structure
LO
Transcribed Image Text:LabExercise7B – LabExercise7B.py LabExercise7B LabExercise7B.py LabExercise7B Project LabExercise7B.py LabExercise7B ~/PycharmProjects/LabExercise7E 1 def main(): 91 A 2 A 3 venv 2 # Ask for the property's assessment value. bin propertyvalue = input("Enter the property's actual value: ") > lib 4 prop(propertyvalue) fo -gitignore E pyvenv.cfg LabExercise7B.py Edef prop(): > ulı External Libraries 7 # Calculate the property's assessment value using the actual value. assessmentvalue = propertyvalue * 0.6 print("The assessment value is $%.2f" % assessmentvalue) 8. > Scratches and Consoles 10 assessment(assessmentvalue) 11 12 Edef assessment(assessmentvalue): propertytax = assessmentvalue * 0.0064 print("The property tax is $%.2f" % propertytax) 13 14 15 main() 16 asessment() | 17 Run: LabExercise7B x /Users/gracemcdonald/PycharmProjects/LabExercise7B/venv/bin/python /Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py Enter the property's actual value: 10000 Traceback (most recent call last): File "/Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py", line 15, in <module> %3D main() File "/Users/gracemcdonald/PycharmProjects/LabExercise7B/LabExercise7B.py", line 4, in main prop(propertyvalue) TypeError: prop() takes 0 positional arguments but 1 was given Process finished with exit code 1 Run E TODO O Problems - Terminal Python Packages Python Console Event Log 17:1 LF UTF-8 4 spaces Python 3.9 (LabExercise7B) I Project * Favorites H. Structure LO
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