A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. If an acre of land is valued at $10,000, its assessment value is $6,000. The property tax is then 75¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $45. Write a program that asks for the actual value of a piece of property and displays the assessment value and property tax.
Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
A county collects property taxes on the assessment value of property, which is 60 percent
of the property’s actual value. If an acre of land is valued at $10,000, its assessment value
is $6,000. The property tax is then 75¢ for each $100 of the assessment value. The tax for
the acre assessed at $6,000 will be $45. Write a
a piece of property and displays the assessment value and property tax.
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