Question: PYTHON please! 4. Write a program that will calculate the net pay of an employee. The steps for calculating the net pay is : ing
PYTHON please!
4. Write a program that will calculate the net pay of an employee. The steps for calculating the net pay is : ing functions: A function that gets the employee's hourly pay rate A function that gets the number of hours worked A function that calculates the employee's gross pay A function that calculates the overtime pay A function that calculates the withholdings for taxes and benefits A function that calculates the net pay A function that prints the paycheck The calls of each functions happens as follows: main get_input calc_gross_payo calc overtime) calc_withholdings caic_net_payo gethours worked get_hourly rated calc_taxes calc_benefits Regular rate = 10.00 Overtime rate = regular rate * 1.5 Hoursworked = 50 Regular pay = 40 *regular rate Overtime pay - (hoursworked - 40) * (regular rate * overtime rate) Gross pay = Regular Pay + Overtime Pay (if any) Withholdings = (Tax = 10% of the gross Pay) + (benefits = retirement = 6% of the gross pay)
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