3. write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Income tax: 15% Value added tax 3.5% Social Security Service 5.75% Medicare/Philhealth 2.75% Соор 5% Loan 75 pesos Your program should prompt the user to print the gross amount of the employee name. the output will be stored in a file. Format your output to have two decimal places. A simple output follows: Juan dela Cruz Gross Income: PhP 3575.00 Income tax: PhP 536.25 Value added tax: PhP 125.13 Social Security Service: PhP 205.56 Medicare/Philhealth: PhP 98.31 Coop: PhP 178.75 Loan: PhP 75.00 Net Pay: PhP 2356.00

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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3. write a program that calculates and prints the monthly paycheck
for an employee. The net pay is calculated after taking the
following deductions:
Income tax:
15%
Value added tax
3.5%
Social Security Service 5.75%
Medicare/Philhealth
2.75%
Соор
5%
Loan
75 pesos
Your program should prompt the user to print the gross amount of the
employee name. the output will be stored in a file. Format your output
to have two decimal places. A simple output follows:
Juan dela Cruz
Gross Income:
PhP
3575.00
Income tax:
PhP
536.25
Value added tax:
PhP
125.13
Social Security Service:
PhP
205.56
Medicare/Philhealth:
PhP
98.31
Соор:
PhP
178.75
Loan:
PhP
75.00
Net Pay:
PhP
2356.00
Transcribed Image Text:3. write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Income tax: 15% Value added tax 3.5% Social Security Service 5.75% Medicare/Philhealth 2.75% Соор 5% Loan 75 pesos Your program should prompt the user to print the gross amount of the employee name. the output will be stored in a file. Format your output to have two decimal places. A simple output follows: Juan dela Cruz Gross Income: PhP 3575.00 Income tax: PhP 536.25 Value added tax: PhP 125.13 Social Security Service: PhP 205.56 Medicare/Philhealth: PhP 98.31 Соор: PhP 178.75 Loan: PhP 75.00 Net Pay: PhP 2356.00
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