In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: . State Tax: Social Security Tax: Pension Plan: $3575.00 $ 536.25 Net Pay:...... $ 125.13 Medicare/Medicaid Tax:.........$ 98.31 $205.56 $ 178.75 Health Insurance:.......................$ 75.00 $2356.00

In C++ Programming, write a program that calculates and prints the monthly paycheck for an employee. The net pay is calculated after taking the following deductions: Federal Income Tax: 15% State Tax: 3.5% Social Security Tax: 5.75% Medicare/Medicaid Tax: 2.75% Pension Plan: 5% Health Insurance: $75.00 Your program should prompt the user to input the gross amount and the employee name. The output will be stored in a file. Format your output to have two decimal places. A sample output follows: Bill Robinson Gross Amount: Federal Tax: . State Tax: Social Security Tax: Pension Plan: $3575.00 $ 536.25 Net Pay:...... $ 125.13 Medicare/Medicaid Tax:.........$ 98.31 $205.56 $ 178.75 Health Insurance:.......................$ 75.00 $2356.00

EBK JAVA PROGRAMMING

8th Edition

ISBN:9781305480537

Author:FARRELL

Publisher:FARRELL

Chapter2: Using Data

Section: Chapter Questions

Problem 12PE

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