Question: PLEASE HELP ME WITH THIS IN C + + PROGRAMMINGWrite a program that computes the annual after - tax cost of a new house for
PLEASE HELP ME WITH THIS IN C PROGRAMMINGWrite a program that computes the annual aftertax cost of a new house for
the first year of ownership. The cost is computed as the annual mortgage cost
minus the tax savings. The input should be the price of the house and the
down payment. The annual mortgage cost can be estimated as percent of the
initial loan balance credited toward paying off the loan principal plus per
cent of the initial loan balance in interest. The initial loan balance is the price
minus the down payment. Assume a percent marginal tax rate and assume
that interest payments are tax deductible. So the tax savings is percent of the
interest payment. Your program should use at least two function definitions
and should allow the user to repeat this calculation as often as the user wishes.
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