Question
Need help with C++ please. Thank you. Write a program named lab2 that calculates and prints monthly paycheck for an employee. The net pay is
Need help with C++ please. Thank you.
Write a program named lab2 that calculates and prints monthly paycheck for an employee. The net pay is calculated after taking the following deductions:
Federal Income Tax: 20% State Tax: 4% Social Security Tax: 3.5% Medicare/Medicaid Tax: 2.75% Pension Plan: 6% Health Insurance: $80.0
Your program should prompt the user to input the gross amount. Format your output to have two decimal places. A sample output follows:
Gross amount: 3587.00
Gross amount: | $ | 3587.00 |
Federal Tax: | $ | 717.40 |
State Tax: | $ | 143.48 |
Social Security Tax: | $ | 125.55 |
Medicare/Medicaid Tax: | $ | 98.64 |
Pension Plan: | $ | 215.22 |
Health Insurance: | $ | 80.00 |
Net Pay: | $ | 2206.71 |
Note: The bold letters means the computer displays the output. The normal letters means you enter the input. Net pay = gross amount -(federal tax + state tax + social security tax + Medicare/Medicaid Tax + Pension Plan + Health Insurance)
Hints: You should be able to complete the program with the hints below.
#include
int main() { //Declare variables your coding
// Calculate gross amount, federate tax, sale tax, social security, medicare/medicaid tax, pension plan, health insurance and net pay your coding
//Display output
cout<< left << setw(26) << "Gross Amount: " << right << " $" << setw(7) << grossAmount << endl;
Your coding
return 0; }
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