Write a C++ program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: • Withholding Tax: 15 % • SSS Contribution: 3.63% Medicare: 1.25% PAGIBIG Contribution: PHP 100.00 Initialize two (2) variables that hold the gross pay and the employee name. The following is an example output: Employee Name: Vin Gross Pay: 25000.0 Deductions Amount Withholding Tax: SSS Contribution: 907.5 Medicare: 312.5 PAGIBIG Contribution: 100.0 Net Pay: 19930.0 3750.0

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
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Question
Write a C++ program that calculates and prints the monthly paycheck for an employee. The net
pay is calculated after taking the following deductions:
• Withholding Tax:
15 %
•
3.63 %
SSS Contribution:
Medicare:
1.25 %
PAGIBIG Contribution:
PHP 100.00
Initialize two (2) variables that hold the gross pay and the employee name.
The following is an example output:
Employee Name:
Vin
Gross Pay:
25000.0
Deductions
Amount
Withholding Tax:
SSS Contribution:
907.5
Medicare:
312.5
PAGIBIG Contribution:
100.0
Net Pay:
19930.0
3750.0
Transcribed Image Text:Write a C++ program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: • Withholding Tax: 15 % • 3.63 % SSS Contribution: Medicare: 1.25 % PAGIBIG Contribution: PHP 100.00 Initialize two (2) variables that hold the gross pay and the employee name. The following is an example output: Employee Name: Vin Gross Pay: 25000.0 Deductions Amount Withholding Tax: SSS Contribution: 907.5 Medicare: 312.5 PAGIBIG Contribution: 100.0 Net Pay: 19930.0 3750.0
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