You found an exciting summer job for five weeks. It pays a per hour rate (which will be input to the program), and you will work the same number of hours each week (also input). Suppose that the total tax you pay on your summer job income is 14%. After paying the taxes, you spend 10% of your net (after tax) income to buy new clothes, accessories, and school supplies. After subtracting those items from your budget, you use 25% of the remaining money buy savings bonds. In addition, your parents buy additional savings bonds for you at 50% of the amount that you buy. Write a program that prompts the user to enter the pay rate per hour and the number of hours you will work each week. The program then outputs the following: • Your income before and after taxes for your summer job. • The money you spend on clothes, accessories, and supplies. • The money you spend to buy savings bonds. • The money your parents spend to buy additional savings bonds for you. Your input for this program should be only the hourly rate and the number of hours you will work each week (in that order). All other values (percentages) are given and therefore are constants in your program. When implementing your program, make use of symbolic constants wherever appropriate, so as to make the program more maintainable (for example, if you wanted to change the savings bond percentage to 30%, or the number of weeks to 8). Make use of the “iomanip” library to format your output. All money values should be displayed with two decimal places. Your output, overall, should be nicely formatted and readable
You found an exciting summer job for five weeks. It pays a per hour rate (which will be input to the
• Your income before and after taxes for your summer job.
• The money you spend on clothes, accessories, and supplies.
• The money you spend to buy savings bonds.
• The money your parents spend to buy additional savings bonds for you.
Your input for this program should be only the hourly rate and the number of hours you will work each week (in that order). All other values (percentages) are given and therefore are constants in your program.
When implementing your program, make use of symbolic constants wherever appropriate, so as to make the program more maintainable (for example, if you wanted to change the savings bond percentage to 30%, or the number of weeks to 8).
Make use of the “iomanip” library to format your output. All money values should be displayed with two decimal places. Your output, overall, should be nicely formatted and readable
Given:
You found an exciting summer job for five weeks. It pays a per hour rate (which will be input to the program), and you will work the same number of hours each week (also input). Suppose that the total tax you pay on your summer job income is 14%. After paying the taxes, you spend 10% of your net (after tax) income to buy new clothes, accessories, and school supplies. After subtracting those items from your budget, you use 25% of the remaining money buy savings bonds. In addition, your parents buy additional savings bonds for you at 50% of the amount that you buy. Write a program that prompts the user to enter the pay rate per hour and the number of hours you will work each week. The program then outputs the following:
• Your income before and after taxes for your summer job.
• The money you spend on clothes, accessories, and supplies.
• The money you spend to buy savings bonds.
• The money your parents spend to buy additional savings bonds for you.
Your input for this program should be only the hourly rate and the number of hours you will work each week (in that order). All other values (percentages) are given and therefore are constants in your program.
When implementing your program, make use of symbolic constants wherever appropriate, so as to make the program more maintainable (for example, if you wanted to change the savings bond percentage to 30%, or the number of weeks to 8).
Make use of the “iomanip” library to format your output. All money values should be displayed with two decimal places. Your output, overall, should be nicely formatted and readable
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