A county collects property taxes on the assessment value of property, which is 6
ID: 672972 • Letter: A
Question
A county collects property taxes on the assessment value of property, which is 60% of the property's actual value. For example,if an acre of land is valued at $10,000, it's assement value is $6,000. Thje property tax is then .72 cents for each $100 of the assessment value. The taxfor the acre assessed at $6,000 will be $43.20. Design a modular program that will ask for the actual value of a piece of property and displays the assessment value and property tax
I NEED IT TO BE SOLVE IN PYTHON PLEASE!! TIA
Explanation / Answer
val=float(input("Enter the value of the property: "))
ass_val=val*0.6
tax=(ass_val/100.00)*.72
print "Actual Value of the property: $",val
print "Assessed value of the property: $",ass_val
print "Tax on propert: $",tax
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