A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. For example, if an acre of land is valued at $10,000, its assessment value is $6,000. The property tax is then 72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $38.40. Write a function that accepts the actual value of a piece of property and displays the assessment value and property tax.

A county collects property taxes on the assessment value of property, which is 60 percent of the property’s actual value. For example, if an acre of land is valued at $10,000, its assessment value is $6,000. The property tax is then 72¢ for each $100 of the assessment value. The tax for the acre assessed at $6,000 will be $38.40. Write a function that accepts the actual value of a piece of property and displays the assessment value and property tax.

C++ for Engineers and Scientists

4th Edition

ISBN:9781133187844

Author:Bronson, Gary J.

Publisher:Bronson, Gary J.

Chapter6: Modularity Using Functions

Section: Chapter Questions

Problem 8PP

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