SummaryIn this lab, you complete the Python program that calculates the amount of tax withheld from an employee’s weekly salary, the tax deduction to which the employee is entitled for each dependent, and the employee’s take-home pay. The program output includes state tax withheld, federal tax withheld, dependent tax deductions, salary, and take-home pay.InstructionsSome variables have been assigned for you and the output statements have been written. Read the starting code carefully before you proceed to the next step.Write the Python code needed to perform the following:Calculate state withholding tax (stateTax) at 6.5 percentCalculate federal withholding tax (federalTax) at 28.0 percent.Calculate dependent deductions (dependentDeduction) at 2.5 percent of the employee’s salary for each dependent.Calculate total withholding (totalWithholding) as stateTax + federalTax + dependentDeduction.Calculate take-home pay (takeHomePay) as salary - totalWithholdingExecute the program by clicking the Run button at the bottom. You should get the following output:State Tax: $81.25 Federal Tax: $350.00000000000006 Dependents: $62.5 Salary: $1250.0 Take-Home Pay: $756.25In this program, the variables named salary and numDependents are initialized with the values 1250.0 and 2. To make this program more flexible, modify it to accept interactive input for salary and numDependents.

The salary and number of dependants are the only inputs for the program and we will then calculate…

Answered: In this lab, you complete the Python…

C++ for Engineers and Scientists

4th Edition

ISBN:9781133187844

Author:Bronson, Gary J.

Publisher:Bronson, Gary J.

Chapter5: Repetition Statements

Section5.5: A Closer Look: Loop Programming Techniques

Problem 15E: (Program) Write a program to simulate the rolling of two dice. If the total of the two dice is 7 or...

See similar textbooks

Summary

In this lab, you complete the Python program that calculates the amount of tax withheld from an employee’s weekly salary, the tax deduction to which the employee is entitled for each dependent, and the employee’s take-home pay. The program output includes state tax withheld, federal tax withheld, dependent tax deductions, salary, and take-home pay.

Instructions

Some variables have been assigned for you and the output statements have been written. Read the starting code carefully before you proceed to the next step.
Write the Python code needed to perform the following:
- Calculate state withholding tax (stateTax) at 6.5 percent
- Calculate federal withholding tax (federalTax) at 28.0 percent.
- Calculate dependent deductions (dependentDeduction) at 2.5 percent of the employee’s salary for each dependent.
- Calculate total withholding (totalWithholding) as stateTax + federalTax + dependentDeduction.
- Calculate take-home pay (takeHomePay) as salary - totalWithholding
Execute the program by clicking the Run button at the bottom. You should get the following output:State Tax: $81.25 Federal Tax: $350.00000000000006 Dependents: $62.5 Salary: $1250.0 Take-Home Pay: $756.25
In this program, the variables named salary and numDependents are initialized with the values 1250.0 and 2. To make this program more flexible, modify it to accept interactive input for salary and numDependents.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 3 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.