COMP 122 Lab 2 Lab Report and Source Code COMP 122 Lab 2 Lab Report and Source Code

COMP 122 Lab 2 Lab Report and Source Code
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COMP 122
Week 2 iLab
Complete the following two programs:
Programming Problem 1
Write a program that calculates and outputs the monthly paycheck information for an
employee, including all the amounts deducted from an employee’s gross pay, and the net pay
that is due to the employee. The user of your program will know the employee’s name and the
gross pay for the employee. Each employee has the following deductions taken from his gross
pay:
Federal Income Tax: 15%
State Tax: 3.5%
Social Security + Medicare Tax: 8.5%
Health Insurance $75
The output from your program should be structured as is displayed below:
Bill Robinson
Gross Amount: ............ $3575.00
Federal Tax: ............. $ 536.25