Big Java Late Objects
2nd Edition
ISBN: 9781119330455
Author: Horstmann
Publisher: WILEY
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Textbook Question
Chapter 2, Problem 7PP
An online bank wants you to create a
Initial balance: 1000
Annual interest rate in percent: 6.0
After first month: 1005.00
After second month: 1010.03
After third month: 1015.08
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Write a program that can be used to calculate the federal tax. The tax is calculated as follows: For single people, the standard exemption is $4,000; for married people, the standard exemption is $7,000. A person can also put up to 6% of his or her gross income in a pension plan. The tax rates are as follows: If the taxable income is:
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Write a program that can be used to calculate the federal tax. The tax is calculated as follows: For single people, the standard exemption is $4,000; for married people, the standard exemption is $7,000. A person can also put up to 6% of his or her gross income in a pension plan. The tax rates are as follows: If the taxable income is:
Between $0 and $15,000, the tax rate is 15%.
Between $15,001 and $40,000, the tax is $2,250 plus 25% of the taxable income over $15,000.
Over $40,000, the tax is $8,460 plus 35% of the taxable income over $40,000.
Prompt the user to enter the following information:
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If the marital status is “married,” ask for the number of children under the age of 14
Gross salary (If the marital status is “married” and both spouses have income, enter the combined salary.)
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Write a program that can be used to calculate the federal tax. The tax is calculated as follows: For single people, the standard exemption is $4,000; for married people, the standard exemption is $7,000. A person can also put up to 6% of his or her gross income in a pension plan. The tax rates are as follows: If the taxable income is:
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Between $15,001 and $40,000, the tax is $2,250 plus 25% of the taxable income over $15,000.
Over $40,000, the tax is $8,460 plus 35% of the taxable income over $40,000. Prompt the user to enter the following information:
Marital status
If the marital status is “married,” ask for the number of children under the age of 14
Gross salary (If the marital status is “married” and both spouses have income, enter the combined salary.)
Percentage of gross income contributed to a pension fund Your program must consist of at least the following functions:
Function getData: This function asks the user to enter the…
Chapter 2 Solutions
Big Java Late Objects
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