A county collects property taxes on the assessment value of a property

finance

Description

A county collects property taxes on the assessment value of a property, which is 60% of the property’s actual value. For example, if an acre of land is valued at $10,000.00, its assessment value is $6,000.00. The property tax is then 64 cents for each $100.00 of the assessed value. The tax for the acre assessed at $6,000.00 will be $38.40. Write a program that asks the user to enter the actual value of the property. The program should calculate and display the assessment value and the property tax.


Related Questions in finance category


Disclaimer
The ready solutions purchased from Library are already used solutions. Please do not submit them directly as it may lead to plagiarism. Once paid, the solution file download link will be sent to your provided email. Please either use them for learning purpose or re-write them in your own language. In case if you haven't get the email, do let us know via chat support.