I am new to Python and a student, my college has chosen the worst book on earth for our course. I cannot find examples of any concepts, so I apologize in advance as I know these concepts are very basic. I hope you can help me.
I need to know how to use the round feature in a string. I find examples but they do not show the string, just simple numbers.
Here is what we are supposed to get as an output:
Enter the gross income: 12345.67
Enter the number of dependents: 1
The income tax is $-130.87 <---- this is what we are supposed to figure out
Here is the coding we are given to alter:
TAX_RATE = 0.20
STANDARD_DEDUCTION = 10000.0
DEPENDENT_DEDUCTION = 3000.0
# Request the inputs
grossIncome = float(input("Enter the gross income: "))
numDependents = int(input("Enter the number of dependents: "))
# Compute the income tax
taxableIncome = grossIncome - STANDARD_DEDUCTION - \
DEPENDENT_DEDUCTION * numDependents
incomeTax = taxableIncome * TAX_RATE
# Display the income tax
print("The income tax is $" + str(incomeTax))
As I do not have an NUMBER to plug into the formula - I have to figure out how to use "incomeTax" - I have no idea how to do this. THe book doesnt explain it. Help?
You can use format strings:
print("The income tax is ${:.2f}".format(incomeTax))
If you are using Python 3.6+, you can also use f-strings:
print(f"The income tax is ${incomeTax:.2f}")
You can round just before making it a string:
print("The income tax is $" + str(round(incomeTax,2)))
Output:
Enter the gross income: 12345.67
Enter the number of dependents: 1
The income tax is $-130.87
Im a student as well, with the same dumb book and HW.
I tried the above
str(round(incomeTax,2))
and it didn’t work. Maybe I typed something wrong. After playing around I found this to work
# Display the income tax
incomeTax = round(incomeTax,2)
print(“The income tax is $” + str(incomeTax))
I hope this helps some other poor soul searching the web for an answer!
Related
How do i make a code where user input if rhe item they want has tax and then discount and then they input the percent of discount and all these price are added to the total cost
it is an easy concept , it will be something like this:
earnings = int(input("Insert your earnings : "))
taxes = 0.20
if earnings < 10000:
totTaxes = int(earnings * 0.20)
salary = earnings - totTaxes
print("Your Salary is ", salary)
print("The taxes amount are : ", totTaxes)
i think you are new in python, u can copy and run this script on python idle , its a simple python scrpts IDE that executes the scripts
this is the link to download it for windows LINK.
Good luck!
So I'm very new to coding and I'm learning python so I decided I'd try to make a loan calculator. I made it so when the user inputs their principle, interest rate, and years required to pay the loan in full, it will output their annual payment, their monthly payment, and their total payment for the loan. I made this and it worked. I decided to take it a step further and make it so that after this, if the user inputs their annual income, it will compare their monthly income to their monthly payment and tell them if they need to refinance or not.
Here's the program I made:
principle = float(input("Principle: ")) #principle = the amount of dollars borrowed
rate = float(input("Rate: ")) #rate = the interest rate that is charged each year on unpaid principle
years = float(input("Years: ")) #years = the number of years required to repay the loan in full
payment = ((1 + rate)**years * principle * rate)/((1 + rate)**years - 1)
#lines 7-10 print the annual, monthly, and total payments made respectively
print("Annual payment: ${:,.2f}".format(payment))
print("Monthly payment: ${:,.2f}".format(payment/12))
print("Total paid for the life of the loan: ${:,.2f}".format(payment*years))
principle = float(input("Principle: ")) #principle = the amount of dollars borrowed
rate = float(input("Rate: ")) #rate = the interest rate that is charged each year on unpaid principle
years = float(input("Years: ")) #years = the number of years required to repay the loan in full
payment = ((1 + rate)**years * principle * rate)/((1 + rate)**years - 1)
annualinc = float(input("Annual income: ")) #annualinc = the annual income
#to check if the user needs to refinance or not by comparing their monthly
income to their monthly payment
if (annualinc / 12) <= (payment / 12) and rate > .05:
print("You should refinance")
elif (annualinc / 12) <= (payment / 12):
print("You should seek financial counseling")
else:
print("If you make all your payments, your loan will be paid on time.")
The only way I could get the if statement to work is by having the user re-input every variable between the print statements and the if statement. Whenever I put the variable annualinc = float(input("Annual income: ") at the beginning of the program before the print statements or between the print statements and if statement it would break the line after it with a syntax error. Why did I have to ask for all the variables again and why could I not just ask for the variable annualinc by itself? And why does it not work when I put it with the first group of variables?
edit: I fixed it so I don't have to put in all the variables again! I was missing a parenthesis at the end of the line and I've been copy and pasting the line when I moved it around so the error traveled with it. Sorry for such a rookie mistake and thank you!
Would this suit you?
principle = float(input("Principle: ")) #principle = the amount of dollars borrowed
rate = float(input("Rate: ")) #rate = the interest rate that is charged each year on unpaid principle
years = float(input("Years: ")) #years = the number of years required to repay the loan in full
payment = ((1 + rate)**years * principle * rate)/((1 + rate)**years - 1)
#lines 7-10 print the annual, monthly, and total payments made respectively
print("Annual payment: ${:,.2f}".format(payment))
print("Monthly payment: ${:,.2f}".format(payment/12))
print("Total paid for the life of the loan: ${:,.2f}".format(payment*years))
annualinc = float(input("Annual income: ")) #annualinc = the annual income
#to check if the user needs to refinance or not by comparing their monthly income to their monthly payment
if (annualinc / 12) <= (payment / 12) and rate > .05:
print("You should refinance")
elif (annualinc / 12) <= (payment / 12):
print("You should seek financial counseling")
else:
print("If you make all your payments, your loan will be paid on time.")
I just eliminated the redundant parts and it works on my machine!
I'm in an intro programming class and am lost. We've had several labs that required knowledge that we haven't been taught but I've managed to find out what I need on google (as nobody responds to the class message board) but this one has me pretty frustrated. I'll include a pastebin link here: https://pastebin.com/6JBD6NNA
`principal = input()
print('Enter the Principal Value of your investment: $', float(principal))
time = input()
print('\nEnter the Time(in years) you plan to save your investment: ', int(time))
rate = input()
print('\nEnter the Rate (2% = 0.02) you will collect on your investment: ', float(rate))
interest = (float(principal) * float(rate)) * int(time)
final_value = float(principal) + float(interest)
print('\nThe Final Value of your investment will be: $%.2f' % final_value)`
So I need the output of the dollar amounts to have a comma ($27,500.00) but I have no idea how to do this. I've seen a couple of solutions on this site and others but I can't get them to work. PLEASE can someone help me?
In Python 2.7 or above, you can use
print('The Final Value of your investment will be: ${:,.2f}'.format(final_value))
This is documented in PEP 378.
Source: Python Add Comma Into Number String
Here is a working example:
principal = float(input('Enter the Principal Value of your investment: $'))
time = int(input('\nEnter the Time(in years) you plan to save your investment: '))
rate = float(input('\nEnter the Rate (2% = 0.02) you will collect on your investment: '))
interest = principal * rate * time
final_value = principal + interest
print('The Final Value of your investment will be: ${:,.2f}'.format(final_value))
Your last line should be:
print ("\nThe Final Value of your investment will be: ${:,.2f}".format(final_value))
Closed. This question needs debugging details. It is not currently accepting answers.
Edit the question to include desired behavior, a specific problem or error, and the shortest code necessary to reproduce the problem. This will help others answer the question.
Closed 5 years ago.
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tip and tax calculator
bill = price + tax + tip
price = raw_input("What is the price of the meal")
tax = price * .06
tip = price * 0.20
what is wrong with my code
I have tried everything
please answer and get back to me
a few things.
bill = price + tax + tip #You can't add up these values BEFORE calculating them
price = raw_input("What is the price of the meal") #raw_input returns a string, not a float which you will need for processing
tax = price * .06 #So here you need to do float(price) * .06
tip = price * 0.20 #And float(price) here as well.
#Then your " bill = price + tax + tip " step goes here
First of all, you can't use variables that you haven't defined: in your code your are using bill = price + tax + tip but your program doesn't even know what price, tax and tip are yet, so that line should be at the end of the code, after you've asked the price and calculated tax and tip.
Then, you have raw_input, this function returns a string, if you want to convert it to a decimal number that you can multiply and add (float) you can use price = float(raw_input("what is the price of the meal"))
Correct that two things and it should work...
Heres a couple of things wrong with the code:
You're trying to calculate the total before some variables have been defined.
The raw_input function returns a string so you can't do proper mathematical calculations before you coerce it into an integer.
In calculate the tips/tax you should use a float with the whole number 1(1.20) to take the whole value of the bill + 20%.
Below is a code snippet that should work how you want and give you something to think about on how to pass dynamic values into the modifiers within the calculate_bill function for custom tip floats and custom tax floats:
def calculate_bill(bill, bill_modifiers):
for modifier in bill_modifiers:
bill = modifier(bill)
return bill
def calculate_tip(bill, percentage=1.20):
return bill * percentage
def calculate_tax(bill, percentage=1.06):
return bill * percentage
if __name__ == '__main__':
bill = int(input("What is the price of the meal: "))
total_bill = calculate_bill(bill, [calculate_tip, calculate_tax])
print(total_bill)
So far I have been coding this all week trying to get it to work.
It should come out as this:
Please enter Amount that you would like to borrow(£): 4000
Please enter Duration of the loan(Years):2
Please enter the interest rate (%):6
The total amount of interest for 2 (years) is: £480.00
The total amount of the period for 2 (years) is £4480.00
You will pay £186.67 per month for 24 months.
Do you wish to calculate a new loan payment(Y or N)
Code:
monthlypayment = 0 #Variable
loanamount = 0 #Variable
interestrate = 0 #Variable
numberofpayments = 0 #Variable
loandurationinyears = 0 #Variable
loanamount = input("Please enter the amount that you would like to borrow(£) ")
loandurationinyears = input("How many years will it take you to pay off the loan? ")
interestrate = input("What is the interest rate on the loan? ")
#Convert the strings into floating numbers
loandurationinyears = float(loandurationinyears)
loanamount = float(loanamount)
interestrate = float(interestrate)
#Since payments are once per month, number of payments is number of years for the loan
numberofpayments = loandurationinyears*12
#calculate the monthly payment based on the formula
monthlypayment = (loanamount * interestrate * (1+ interestrate)
* numberofpayments / ((1 + interestrate) * numberofpayments -1))
#Result to the program
print("Your monthly payment will be " + str(monthlypayment))
looks to me like the only thing you're missing in the code above from what you described is a while loop. This will allow your program to calculate the loan and run the program over and over again until the user inputs no, in which case the program exits. all what you have to do is:
YorNo = input("Do you wish to calculate a loan payment")
YorNo.Title()
while YorNo != "n":
#Your code goes here
YorNo = input("Do you wish to calculate a loan payment")
YorNo.Title()
print("Thank you for using the program")
In case you dont understand this, baisically, you type the first 3 lines just before your code. Then you leave an indentation and type your code after them. Once your done, you type in the 3rd and 4th line. Then, simply go back that indentation (to show the program that this isnt part of the loop.) If im not mistaken, the result of this will be:
You will be asked wether you want to calculate a loan
If you answer "y" your code will run and the loan will be calculated and printed to the user
Then you will be asked again. The above will repeat until you input "n"
the N cant be capitalised