Annual property tax is calculated by multiplying the Annual Value (AV) of the property with the Property Tax: information technology Assignment, NUS, Singapore

Question 2

Annual property tax is calculated by multiplying the Annual Value (AV) of the property with the Property Tax Rates defined below in the table. The AV of buildings is the estimated gross annual rent of the property if it were to be rented out.

For example, if the AV of a property is $30,000, the property tax would be $30,000 x 4% = $1,200.
Design an algorithm that will prompt for, and receive the AV of a property, calculate the property tax, and print the value.

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