Problem

Rewards IRS informants are paid cash awards based on the value of the money recovere...

Rewards IRS informants are paid cash awards based on the value of the money recovered. If the information was specific enough to lead to a recovery, the informant receives 10 % of the first $75,000, 5 % of the next $25,000, and 1 % of the remainder, up to a maximum award of $50,000. Write a program that requests the amount of the recovery as input and displays the award. See Fig. 4.35. Note: The source of this formula is The Book of Inside Information, Boardroom Books, 1993.

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Solutions For Problems in Chapter 4.3