Question: Python problem using a while loop (not a for loop) TASK 2: A retail company must file a monthly sales tax report listing the total

Python problem using a while loop (not a for loop)

  • TASK 2: A retail company must file a monthly sales tax report listing the total sales for the month and the amount of state and federal sales tax collected.
    • The Company made $1000 in sales in month 1.
    • Sales increased by 10% from the previous month each month for 6 months except in month 5 where it increased only 7%. (i.e. From month 5 to month 6 there was only a 7% increase)
    • State tax rate is 5 percent and the Federal tax rate is 2.5 percent

Do not have to graph it, dont worry about it, as long as its short and uses a while loop.

Using the python 3.8 shell.

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