Question

Program 1: Social Security Payout. If you’re taking this course, chances are that you’re going to make a pretty good salary – especially 3 to 5 years after you graduate. When you look at your paycheck, one of the taxes you pay is called Social Security. In simplest terms, it’s a way to pay into a system and receive money back when you retire (and the longer you work and the higher your salary, the higher your monthly benefit). Interestingly, your employer will pay the same amount for you. The current tax rate is 6.2% until you make approximately $132,900.

For this assignment, we’re going to help out hourly employees. Design (pseudocode) and implement (source code) a program that asks users how much they make per hour, the number of hours they work per week, and calculates the yearly income. For the second half, the program should calculate and display the amount of Social Security tax the user will pay for that year.   You must write and use at least two functions in addition to the main function. At least one function must not have a void return type. Note, don’t forget to put the keywords “public” and “static” in front of your functions. Document your code and properly label the input prompt and the outputs as shown below.

Sample run 1:

Enter hourly wage: 10

Enter your hours per week: 40

You will earn $20800.0 per year

You will pay $1289.6 in Social Security tax

Sample run 2:

Enter hourly wage: 40

Enter your hours per week: 60

You will earn $124800.0 per year

You will pay $7737.6 in Social Security tax

***** I need this in pseudocode and c++ source code *****

Answer 1

ANSWER:-

Pseudo code:-

Pseudo code is nothing but the way we solve the problem. It is not about syntax and anything.

But in source code, we have to follow some certain rules, nothing syntax.

int main()

{

  int hours_wage = input("Enter hourly wage: ");

int hours = input("Enter hours:");

total_money = hourly_wage * hours * 52;

social_service_tax = total_money*0.062;

print(total_money);

print(social_service_tax);

}

source code:-

#include <iostream>

using namespace std;
static float totalMoney(int hours, int hourly_wage){
return (float)(hours * hourly_wage * 52);
}

static float socialSecurityTax(float totalMoney){
return totalMoney* 0.062;
}
int main()
{
cout<<"Enter hourly wage: ";
static int hourly_wage,hours;
cin>>hourly_wage;
cout<<"Enter your hours per week: ";
cin>>hours;
float total_money = totalMoney(hours,hourly_wage);
cout<<"You will earn $"<<total_money<<" per year."<<endl;
float tax = 0.0;
if(total_money <= 132900){
tax = socialSecurityTax(total_money);
}
cout<<"You will pay $"<<tax<<" in social security tax."<<endl;
return 0;
}

OUTPUT:-

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