Conditionals_Lab_2

Question

A town contains 5000 houses. Each house owner must pay tax based on the value of the house. Houses over $50,000 pay 1% of their value in tax, houses over $100,000 pay 1.5% of their value in tax, and houses over $200,000 pay 2% of their value in tax. All others pay no tax.

1. Input the value of a house
2. Output the value of the house, the tax amount in percentage and tax amount (in dollars), and the total amount (house plus tax amount). All dollar amounts must have an “$” symbol proceeding the dollar amount.
3. Round the dollar amounts to 2 decimals.

Answer 1

houseValue = input("Please input the value of the house:>")

taxPercent=0

if float(houseValue)>=200000:

taxPercent=0.02

elif float(houseValue)>=100000:

taxPercent=0.015

elif float(houseValue)>=50000:

taxPercent=0.01

taxAmount = round(float(taxPercent)*float(houseValue),2)

print("*********************************")

print(" the value of the house is $"+str(houseValue))

print(" the tax percent is " + str(float(taxPercent)*100) +"%")

print(" the tax amount is $"+ str("{:.2f}".format(taxAmount)))