Question
Question: A county collects property taxes on the assessment value of property, which is 60 percent of the property's actual value. For example, if an
Question: A county collects property taxes on the assessment value of property, which is 60 percent of the property's actual value. For example, if an acre of land is valued at $10,000, its assessment valu
A county collects property taxes on the assessment value of property, which is 60 percent of the propertys actual value. For example, if an acre of land is valued at $10,000, its assessment value is $6,000. ($10,000 * .60). The property tax rate varies based on the result of the assessment value of the property. Here is a chart to show the appropriate property tax rate based upon the assessment value:
Assessesment Value | Property Tax Rate |
Greater than $10,000 | .75 |
Between $7,500 and $10,000 | .70 |
Between $5,000 and $7,499 | .68 |
Below $5,000 | .64 |
Design the logic for a program that asks the user to enter the actual value of a piece of property and calculates and displays the assessment value, the property tax rate, and property tax, and message. The program MUST include the following FUNCTIONS for use in the program:
calcAssessmentValue this function should accept the value of the actual value of the property as an argument and calculate and return the assessment value and assign it to an appropriately declare local variable in main. determineTaxRate this function should accept the value of the assessment value as an argument and return the appropriate property tax rate based upon the table provided above and assign it to an appropriately declared local variable in main.
calcPropertyTax this function should accept the value of the assessment value and the property tax rate as arguments and calculates and returns the property tax and assign it to an appropriately declared local variable in main.
displayMessage this function should accept the value of the property tax and return the appropriate message based upon the table provided below and display the message in the main module:
Property Value | Message |
Greater than $5,000 | That is a high property tax |
Between $2,500 and $4,999.99 | That is an average property tax |
Between $1,000 and $2499.99 | That is a moderate property tax |
Below $1,000 | That is a low property tax |
Using a Word Processing program (e.g. Microsoft Word) complete the following items related to problem statement provided above (Do NOT use Visual Logic):
1.Design IPO charts for the calcAssessmentValue, determineTaxRate, calcPropertyTax, and displayMessage functions as described above.
2.Write the pseudocode for the main module, calcAssessment function, determineTaxRate function, calcPropertyTax function, and displayMessage function. Be sure and follow the pseudocode conventions provided in the textbook
e is $6,000. ($10,000 * .60). The property tax rate varies based on the result of the assessment value of the property. Here is a chart to show the appropriate property tax rate based upon the assessment value: Assessesment Value Property Tax Rate Greater than $10,000 .75 Between $7,500 and $10,000 .70 Between $5,000 and $7,499 .68 Below $5,000 .64 Design the logic for a program that asks the user to enter the actual value of a piece of property and calculates and displays the assessment value, the property tax rate, and property tax, and message. The program MUST include the following FUNCTIONS for use in the program: calcAssessmentValue - this function should accept the value of the actual value of the property as an argument and calculate and return the assessment value and assign it to an appropriately declare local variable in main. determineTaxRate - this function should accept the value of the assessment value as an argument and return the appropriate property tax rate based upon the table provided above and assign it to an appropriately declared local variable in main. calcPropertyTax - this function should accept the value of the assessment value and the property tax rate as arguments and calculates and returns the property tax and assign it to an appropriately declared local variable in main. displayMessage - this function should accept the value of the property tax and return the appropriate message based upon the table provided below and display the message in the main module: Property Value Message Greater than $5,000 That is a high property tax Between $2,500 and $4,999.99 That is an average property tax Between $1,000 and $2499.99 That is a moderate property tax Below $1,000 That is a low property tax Using a Word Processing program (e.g. Microsoft Word) complete the following items related to problem statement provided above (Do NOT use Visual Logic): Design IPO charts for the calcAssessmentValue, determineTaxRate, calcPropertyTax, and displayMessage functions as described above. Write the pseudocode for the main module, calcAssessment function, determineTaxRate function, calcPropertyTax function, and displayMessage function. Be sure and follow the pseudocode conventions provided in the textbook
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