Question

Acounty collects property taxes on the assessment value of property, which is 60 percent of the property's actual value. For example, if an acre of land is valued at $10000, its assessment value is $6000. The property tax is 64 cents for each $100 of the assessment value. The tax acre assessed at $6000 will be $38.40. Design a modular program that ask for the actual value of a piece of property and displays the assessment value and property tax.

Needs to be C++ language

Answer 1

I am giving here C++ code and seperate functions are created for each action in the program.I am giving explanation of code in comments and also uploading the screenshot here. If you have problem understanding any part of code you can ask in comments.

Code-

#include <iostream>

using namespace std;

//Function to take input

int take_input(){

cout<<"Enter value of acre land :"<<endl;

int price;

cin>>price;

return price;

}

//Function to calculate assessment value(60%)

double compute_assessment_value(int price){

double out=(double)price;

out=out*0.6;

return out;

}

//Function to print assessment value

void display_assessment_value(double val){

cout<<"Assessment value of acre land is "<<val<<"$"<<endl;

}

//Function to calculate tax value

double compute_tax_value(double val){

//Here tax is 64 cents on 100$ or 0.64$ on 100$

double tax=val*64;

tax=tax/100;

tax=tax/100;

return tax;

}

//Function to print assessment value

void display_tax_value(double val){

cout<<"Tax value of acre land is "<<val<<"$"<<endl;

}

int main() {

//variable to set price of acre land

int price;

// Call function to take input

price= take_input();

//Call Function to compute assessment value of acre land

double assessment_value=compute_assessment_value(price);

//Call Function to display assessment value

display_assessment_value(assessment_value);

//Call Function to compute tax on assessment value

double tax_value=compute_tax_value(assessment_value);

//Call Function to display tax value

display_tax_value(tax_value);

return 0;

}

Here is screenshot

Enter value of acre land: 10000 Assessment value of acre land is 6000s Tax value of acre land is 38.4ş