Concept explainers
Property Tax
A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. If an acre of land is valued at $ 10,000, its assessment value is $6,000. The property tax is then 75¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $45. Write a
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- c++ program create a program that will ask the user to accept the total tuition fee of the student. after accepting, it should display the 5%, 8% and 15% of the student's tuition fee. get the total of all the 3 amounts and display the result.arrow_forwardParty-On sells individual hot/cold cups and dessert plates for parties. SueChen wants a program that allows her to enter the price of a cup, the price of a plate, the number of cups purchased, and the number of plates purchased. The program should then calculate the total cost of the purchase, including the sales tax. Finally, the program should display the total cost on the screen. Desk-check your solution’s algorithm using $0.50 as the cup price, $1 as the plate price, 35 as the number of cups, 35 as the number of plates, and 2% as the tax rate. Then desk-check it using $0.25, $0.75, 20, 10, and 6%.arrow_forwardAssuming there are no deposits other than the original investment, the balance in a saving account after one year may be calculated as Amount=Principal * (1+ Rate / T)T principal -balance in the saving account, Rate -the interest rate, T - number of times the interest is compounded during a year. Write a program that asks for : the principal, the interest rate, and the number of times the interest is compounded. It should display a report similar to Interest Rate: 4.25% Times Compounded: 12 Principal: $ 1000.00 Interest: $ 43.34 Amount in Savings: $ 1043.34arrow_forward
- C++ for Engineers and ScientistsComputer ScienceISBN:9781133187844Author:Bronson, Gary J.Publisher:Course Technology Ptr