Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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 .image text in transcribed

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

T Sql Window Functions For Data Analysis And Beyond

Authors: Itzik Ben Gan

2nd Edition

0135861446, 978-0135861448

More Books

Students also viewed these Databases questions