Question
in python create a code A retail company must file a monthly sales tax report listing the total sales for the month and the amount
in python
create a code
A retail company must file a monthly sales tax report listing the total sales for the month and the amount of state and federal sales tax collected. The Company made $1250 in sales in month 1. Sales increased by 10.8% from the previous month each month for 6 months except in month 3 where it increased only 4%. (i.e. From month 3 to month 4 there was only a 4 increase) State tax rate is 8 percent and the Federal tax rate is 4 percent. Write code that utilizes a while loop to display the amount of sales and tax collected in each of the six month .
MONTH Tas MONTHLY SALES $1,250.00 $1,385.00 $1,534.58 $1,595.96 $1,768.33 $1,959.31 STATE TAX AMOUNT $100.00 $110.80 $122.77 $127.68 $141.47 $156.74 FED TAX AMOUNT $50.00 $55.40 $61.38 $63.84 $70.73 $78.37 TOTAL TAX AMOUNT $150.00 $166.20 $184.15 $191.52 $212.20 $235.12 SALES-TAX $1,100.00 $1,218.80 $1,350.43 $1,404.45 $1,556.13 $1,724.19 CREATED BY GENE LOCKLEAR
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