PGM #1 Property Tax ========================================================================== = A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. If one 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 one 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 in a block, formatted form as shown in the example below. VALIDATE INPUT VALUES. Example Output Results: Enter the actual value of the property: 500000
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PGM #1 Property Tax
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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. If one 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 one
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 in a block,
formatted form as shown in the example below.
VALIDATE INPUT VALUES.
Example Output Results:
Enter the actual value of the property: 500000
Assessment Value: $ 300000.00
Property Tax: $ 2250.00
VALIDATE ALL INPUT.
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TEST CASE: actual value = 750,000.00
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