Question
(JAVA) You found an exciting summer job for five weeks. It pays, say, $ 15.50 per hour. Suppose that the total tax you pay on
(JAVA)
You found an exciting summer job for five weeks. It pays, say, $ 15.50 per hour. Suppose that the total tax you pay on your summer job income is 14%. After paying the taxes, you spend 10% of your net income to buy new clothes and other accessories for the next school year and 1% to buy school supplies. After buying clothes and school supplies, you use 25% of the remaining money to buy savings bonds. For each dollar you spend to buy savings bonds, your parents spend $ 0.50 to buy additional savings bonds for you. Write a program that prompts the user to enter the pay rate for an hour and the number of hours you worked each week. IN JAVA The program then outputs the following: Your income before and after taxes from your summer job. The money you spend on clothes and other accessories. The money you spend on school supplies. The money you spend to buy savings bonds. The money your parents spend to buy additional savings bonds for you. Hint: import java.util.Scanner; public class Hw1 //It is case sensitive { public static void main(String [] args) { final double TAX = 0.14; final double CLOTHES_AND_ACC = 0.10; final double SCHOOL_SUPPLIES = 0.01; final double SAVINGS_BONDS = 0.25; final double PARENTS_BONDS = 0.50; double payRate; double hoursWorkedWeek1, hoursWorkedWeek2, hoursWorkedWeek3, hoursWorkedWeek4, hoursWorkedWeek5; double totalHoursWorked; double totalIncome; double netIncome; double costOfClothesAndAcc; double costOfSchoolSupplies; double costOfSavingsBonds; double savingsBondsFromParents; Scanner keyboard =new Scanner(System.in); System.out.print("Enter the per hour pay rate: "); payRate=keyboard.nextDouble(); System.out.print("Enter the number of hours worked for week 1: "); hoursWorkedWeek1=keyboard.nextDouble(); System.out.print("Enter the number of hours worked for week 2: "); hoursWorkedWeek2=keyboard.nextDouble(); System.out.print("Enter the number of hours worked for week 3: "); hoursWorkedWeek3=keyboard.nextDouble(); System.out.print("Enter the number of hours worked for week 4: "); hoursWorkedWeek4=keyboard.nextDouble(); System.out.print("Enter the number of hours worked for week 5: "); hoursWorkedWeek5=keyboard.nextDouble(); // put your cod here //. //. //. // put your cod here System.out.println("Total Income before tax: $ " + totalIncome ); System.out.println("Net Income: $ "+netIncome ); System.out.println("Money spent on clothes and other accessories: $ "+ costOfClothesAndAcc ); System.out.println("Money spent on school supplies: $ " + costOfSchoolSupplies ); System.out.println("Money spent to buy savings bonds: $ "+ costOfSavingsBonds ); System.out.println("Money spent by parents to buy additional savings bonds: $ "+ savingsBondsFromParents ); } }
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