Question: 3. Write a program to calculate the property tax. Property tax is calculated on 92% of the assessed value of the property. For example, if
3. Write a program to calculate the property tax. Property tax is calculated on 92% of the assessed value of the property. For example, if the assessed value is $100000, the property tax is on $92000. Assume that the property tax rate is $1.05 for each $100 of the assessed value. Your program should prompt the user to enter the assessed value of the property. Store the output in a file in the following sample format. Assessed Value Taxable Amount: Tax Rate for each $100.00: Property Tax: $100000.00 $92000.00 $1.05 $966.00 Format your output to have 2 decimal places
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