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 value is $6,000. The property tax is then 72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $43.20. Write a Python program using functions that asks for the actual value of a piece of property and displays the assessment value and property tax This is Python Programming. I don't know where to go from here.
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 value is $6,000. The property tax is then 72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $43.20. Write a Python program using functions that asks for the actual value of a piece of property and displays the assessment value and property tax This is Python Programming. I don't know where to go from here.
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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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 value is $6,000. The property tax is then
72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $43.20. Write a Python
program using functions that asks for the actual value of a piece of property and displays the assessment value and
property tax
This is Python

Transcribed Image Text:The image depicts a Python development environment (PyCharm) with a script intended to calculate a property's assessment value and tax. Below is a transcription and explanation of the code and error message.
### Code Explanation
```python
def main():
# Ask for the property's assessment value.
propertyvalue = input("Enter the property's actual value: ")
prop(propertyvalue)
def prop():
# Calculate the property's assessment value using the actual value.
assessmentvalue = propertyvalue * 0.6
print("The assessment value is $%.2f" % assessmentvalue)
assessment(assessmentvalue)
def assessment(assessmentvalue):
propertytax = assessmentvalue * 0.0064
print("The property tax is $%.2f" % propertytax)
main()
```
### Code Analysis
1. **Function Definition**:
- `main()`: Prompts the user for the actual value of a property and passes it to the `prop()` function.
- `prop()`: (Error present) Intended to calculate the assessment value by multiplying the `propertyvalue` by 0.6 and print it, then calls `assessment()`.
- `assessment()`: Calculates property tax using the formula `propertytax = assessmentvalue * 0.0064` and prints the result.
2. **Error in Code**:
- **TypeError**: The function `prop()` is defined without parameters, but it is being called with one (`propertyvalue`). This results in an error because the function is not expecting any arguments.
### Error Traceback
The traceback displayed indicates a `TypeError`:
- **Location**:
- The error occurs in `main()` when calling `prop(propertyvalue)`.
- `TypeError: prop() takes 0 positional arguments but 1 was given`.
### Debugging the Error
To resolve the `TypeError`, modify the definition of `prop()` to accept one argument:
```python
def prop(propertyvalue):
# Correctly pass propertyvalue for computation within the function
assessmentvalue = propertyvalue * 0.6
print("The assessment value is $%.2f" % assessmentvalue)
assessment(assessmentvalue)
```
This adjustment ensures that `prop()` correctly receives and processes `propertyvalue` passed from `main()`.
### Conclusion
The code is set up to calculate and print both the property's assessment value and tax. The
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