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Authors:
Walter Savitch ,kenrick Mock
Chapter:
C++ Basics
Exercise:
Programming Projects
Question:3 | ISBN:9780132846813 | Edition: 5

### Question

Workers at a particular company have won a 7.6% pay increase retroactive for six months. Write a program that takes an employee’s previous annual salary as input and outputs the amount of retroactive pay due the employee, the new annual salary, and the new monthly salary. Use a variable declaration with the modifier const to express the pay increase.

``````#include <iostream>
using namespace std;
int main()

{
double oldSalary, retroSalary, newSalary, increaseSalary, newMonthlySalary;
const double payIncrease = .076;

cout << "Enter your old annual salary." << endl;
cin >> oldSalary;

newSalary = (oldSalary * .076) + oldSalary;
increaseSalary = newSalary - oldSalary;
newMonthlySalary = newSalary / 12;
retroSalary = (oldSalary / 2) * payIncrease;

cout << endl;
cout << "Your new annual salary is: \$" << newSalary << endl;
cout << "You received a \$" << increaseSalary << " increase in salary." << endl;
cout << "You will receive \$" << retroSalary << " in retroactive salary." << endl;
cout << "Your new monthly salary is: \$" << newMonthlySalary << endl;

return 0;
}
``````

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