Computers and Technology, 07.11.2019 20:31 leopolddc4006
Write a java program that calculates and prints the monthly pay check for an employee. the net pay is calculated after taking the following deductions:
federal income tax: 15%
state tax: 3.5%
social security tax: 5.75%
medicare/medicaid tax: 2.75%
pension plan: 5%
health insurance: $75.00
your program should prompt the user to input the employee name and the gross amount. the out put will be stored in a file. format your output to two decimal places. a sample output follows.
allison nields
gross amount: $3575.00
federal tax: $536.25
state tax: $125.13
social security tax: $205.56
medicare/medicaid tax: $98.31
pension plan: $178.75
health insurance: $75.00
net pay: $2356.00
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