You found an exciting summer job for five weeks. It pays, say, $15.50 per hour. Suppose that the total tax you pay on your summer job income is 14%. After paying the taxes, you spend 10% of your net income to buy new clothes and other accessories for the next school year and 1% to buy school supplies. After buying clothes and school supplies, you use 25% of the remaining money to buy savings bonds. For each dollar you spend to buy savings bonds, your parents spend $0.50 to buy additional savings bonds for you. Write a program that prompts the user to enter the number of hours you worked each week. The program then outputs the following: a. Your income before and after taxes from your summer job. b. The money you spend on clothes and other accessories. c. The money you spend on school supplies. d. The money you spend to buy savings bonds. e. The money your parents spend to buy additional savings bonds for you.

Computer Networking: A Top-Down Approach (7th Edition)
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ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
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I PROBLEM 1
You found an exciting summer job for five weeks. It pays, say, $15.50 per hour. Suppose that
| the total tax you pay on your summer job income is 14%. After paying the taxes, you spend
| 10% of your net income to buy new clothes and other accessories for the next school year
| and 1% to buy school supplies. After buying clothes and school supplies, you use 25% of the
I remaining money to buy savings bonds. For each dollar you spend to buy savings bonds,
your parents spend $0.50 to buy additional savings bonds for you. Write a program that
prompts the user to enter the number of hours you worked each week. The program then
outputs
the following:
a. Your income before and after taxes from your summer job.
b. The money you spend on clothes and other accessories.
c. The money you spend on school supplies.
d. The money you spend to buy savings bonds.
e. The money your parents spend to buy additional savings bonds for you.
Transcribed Image Text:I PROBLEM 1 You found an exciting summer job for five weeks. It pays, say, $15.50 per hour. Suppose that | the total tax you pay on your summer job income is 14%. After paying the taxes, you spend | 10% of your net income to buy new clothes and other accessories for the next school year | and 1% to buy school supplies. After buying clothes and school supplies, you use 25% of the I remaining money to buy savings bonds. For each dollar you spend to buy savings bonds, your parents spend $0.50 to buy additional savings bonds for you. Write a program that prompts the user to enter the number of hours you worked each week. The program then outputs the following: a. Your income before and after taxes from your summer job. b. The money you spend on clothes and other accessories. c. The money you spend on school supplies. d. The money you spend to buy savings bonds. e. The money your parents spend to buy additional savings bonds for you.
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