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Problem Statement: Property TaxCalculator You are required to write a property t

ID: 3609965 • Letter: P

Question

Problem Statement: Property TaxCalculator

You are required to write a property tax calculator. Thebasic idea is that you will provide the information regardingproperty (commercial or residential), it’s market value andyour program will calculate thetax.

Detailed Description:

1. Theprogram should display

Please provide customer ID:

Please provide Property Description:

      Enter‘R’ for Residential property:

       Enter ‘C’ for commercialproperty:

Then the program should take the input,

2. Dependingupon the choice that user has entered, your program willfurther display the prompt

a. If user hasentered ‘R’, then your program should prompt the userto enter the current market value of the property.After taking the input it should calculate the taxon that property and display it on the screen in followingformat,       

      -----------------------------------------------------------------

         Property Type :        

         PropertyValue:            

         Tax amount:

      -----------------------------------------------------------------

        *Tax amount will be 20% of the property value incase of residential property.

b. If user hasentered ‘C’, then your program should prompt the userto enter the current market value of the property.After taking the input it should calculate the taxon that property and display it on the screen in following format,

      -----------------------------------------------------------------

         Property Type:        

         PropertyValue:            

         Tax amount:

      -----------------------------------------------------------------

        *Tax amount will be 40% of the property value incase of commercial property.

Explanation / Answer

Problem Statement: Property TaxCalculator You are required to write a property t

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