code for number 41 problem Projects40. Prepare a payroll earnings statement for the sales force at the Arctic IceCompany. All of Arctic's employees are on a straight commission basis of12.5% of sales. Each month, they also receive a bonus that variesdepending on the profit for the month and their length of service. Thesales manager calculates the bonus separately and enters it with thesalesperson's total sales for the month. Your program is also to calculatethe withholding taxes and retirement for the month based on the following rates:a. 25% Federal withholdingb. 10% State withholdingc.8% Retirement planUse the test data in Table 4-2 to test the program.SalespersonSalesBonus153,500425241,300300356,800350436,200175TABLE 4-2 Test Data for Project 4041. Write a program that, given a beginning balance in your savings accoutcalculates the balance at the end of 1 year. The interest is 5.3% conpounded quarterly. Show the interest earned and balance at the endeach quarter. Present the data in tabular columns with appropriate haiings. Use separate functions to compute the interest and print the balan

import java.util.*;import java.text.DecimalFormat;import java.lang.Math;public class Main{…

41. Write a program that, given a beginning balance in your savings accou calculates the balance at the end of 1 year. The interest is 5.3% c pounded quarterly. Show the interest earned and balance at the end d each quarter. Present the data in tabular columns with appropriate ha ings. Use separate functions to compute the interest and print the balan

41. Write a program that, given a beginning balance in your savings accou calculates the balance at the end of 1 year. The interest is 5.3% c pounded quarterly. Show the interest earned and balance at the end d each quarter. Present the data in tabular columns with appropriate ha ings. Use separate functions to compute the interest and print the balan

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

Problem 1PE

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Question

code for number 41 problem

Projects
40. Prepare a payroll earnings statement for the sales force at the Arctic Ice
Company. All of Arctic's employees are on a straight commission basis of
12.5% of sales. Each month, they also receive a bonus that varies
depending on the profit for the month and their length of service. The
sales manager calculates the bonus separately and enters it with the
salesperson's total sales for the month. Your program is also to calculate
the withholding taxes and retirement for the month based on the follow
ing rates:
a. 25% Federal withholding
b. 10% State withholding
c.
8% Retirement plan
Use the test data in Table 4-2 to test the program.
Salesperson
Sales
Bonus
1
53,500
425
2
41,300
300
3
56,800
350
4
36,200
175
TABLE 4-2 Test Data for Project 40
41. Write a program that, given a beginning balance in your savings accout
calculates the balance at the end of 1 year. The interest is 5.3% con
pounded quarterly. Show the interest earned and balance at the end
each quarter. Present the data in tabular columns with appropriate hai
ings. Use separate functions to compute the interest and print the balan

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