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In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: . State Tax: Social Security Tax: Pension Plan: $3575.00 $ 536.25 Net Pay:...... $ 125.13 Medicare/Medicaid Tax:.........$ 98.31 $205.56 $ 178.75 Health Insurance:.......................$ 75.00 $2356.00

In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: . State Tax: Social Security Tax: Pension Plan: $3575.00 $ 536.25 Net Pay:...... $ 125.13 Medicare/Medicaid Tax:.........$ 98.31 $205.56 $ 178.75 Health Insurance:.......................$ 75.00 $2356.00

Database System Concepts
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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In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: State Tax: Pension Plan: . Health Insurance: $3575.00 Social Security Tax: Medicare/Medicaid Tax:.........$ 98.31 Net Pay:...... $ 536.25 $ 125.13 $ 205.56 $ 178.75 $ 75.00 $2356.00
Transcribed Image Text:In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: State Tax: Pension Plan: . Health Insurance: $3575.00 Social Security Tax: Medicare/Medicaid Tax:.........$ 98.31 Net Pay:...... $ 536.25 $ 125.13 $ 205.56 $ 178.75 $ 75.00 $2356.00
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