Write a c++ program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 18.5% State Tax: 4.5% Social Security Tax: 6.30% Medicare/Medicaid Tax: 2.3% Pension Plan: 6% Health Insurance: TL 175.00 Your program should prompt the user to input the gross amount and the employee name. Format your output to have two decimal places. A sample output follows:
Write a c++ program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 18.5% State Tax: 4.5% Social Security Tax: 6.30% Medicare/Medicaid Tax: 2.3% Pension Plan: 6% Health Insurance: TL 175.00 Your program should prompt the user to input the gross amount and the employee name. Format your output to have two decimal places. A sample output follows:
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
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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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:
Federal Income Tax: 18.5%
State Tax: 4.5%
Social Security Tax: 6.30%
Medicare/Medicaid Tax: 2.3%
Pension Plan: 6%
Health Insurance: TL 175.00
Your program should prompt the user to input the gross amount and the employee name. Format your
output to have two decimal places. A sample output follows:
Emre Taha
Gross Amount:
.. TL 3500.00
Federal Tax:
Stațe Tax:
Social Security Tax:
Medicare Tax:
Pension Plan:
Health Insurance:
Total Deductions:
TL 647.50
TL 157.50
TL 220.50
80.50
TL
TL 210.00
TL 175.00
TL 1491.00
Net Pay:
TL 2009.00
Note that the first column is left-justified, and the second column is right-justified.
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