In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: .......................... $3575.00 Federal Tax: ................................ $ 536.25 State Tax: .....................................$ 125.13 Social Security Tax: ................... $ 205.56 Medicare/Medicaid Tax: ......... $ 98.31 Pension Plan: .............................. $ 178.75 Health Insurance: .......................$ 75.00 Net Pay: ....................................... $2356.00 NOTE: The first column is left-justified, and the right column is right-justified.

In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: .......................... $3575.00 Federal Tax: ................................ $ 536.25 State Tax: .....................................$ 125.13 Social Security Tax: ................... $ 205.56 Medicare/Medicaid Tax: ......... $ 98.31 Pension Plan: .............................. $ 178.75 Health Insurance: .......................$ 75.00 Net Pay: ....................................... $2356.00 NOTE: The first column is left-justified, and the right column is right-justified.

C++ for Engineers and Scientists

4th Edition

ISBN:9781133187844

Author:Bronson, Gary J.

Publisher:Bronson, Gary J.

Chapter5: Repetition Statements

Section: Chapter Questions

Problem 7PP

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