Question: PYTHON Write a pay-raise program that requests a person's first name, last name, and current annual salary, and then displays the person's salary for next

PYTHON Write a pay-raise program that requests a person's first name, last name, and current annual salary, and then displays the person's salary for next year. People earning less than $40,000 will receive a 5% raise, and those earning $40,000 or more will receive a raise of $2,000 plus 2% of the amount over $40,000. Use functions for input and output, and a function to calculate the new salary.

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