Challenge: Income Tax Calculation
Task
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Implement a program that calculates taxes based on income brackets, applying different tax rates depending on the income level.
- If the income is over 100,000, the tax rate is 25%.
- If the income is between 50,000 and 100,000, the tax rate is 15%.
- If the income is below 50,000, the tax rate is 5%.
- Set the appropriate values in
ifandelse iffor the income conditions. - Multiply the amount by the appropriate percentage in each case to get the correct tax amount.
- In the
calculateTaxesmethod, iterate through the income array using afor-eachloop. - Add the tax for each income to the
resultlist by using thetaxFunctionfunctional interface passed as a parameter. - Store the result of the
calculateTaxesmethod in thetaxesvariable.
Solution
solution.java
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Thanks for your feedback!
SectionΒ 1. ChapterΒ 7
single
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Challenge: Income Tax Calculation
Swipe to show menu
Task
Swipe to start coding
Implement a program that calculates taxes based on income brackets, applying different tax rates depending on the income level.
- If the income is over 100,000, the tax rate is 25%.
- If the income is between 50,000 and 100,000, the tax rate is 15%.
- If the income is below 50,000, the tax rate is 5%.
- Set the appropriate values in
ifandelse iffor the income conditions. - Multiply the amount by the appropriate percentage in each case to get the correct tax amount.
- In the
calculateTaxesmethod, iterate through the income array using afor-eachloop. - Add the tax for each income to the
resultlist by using thetaxFunctionfunctional interface passed as a parameter. - Store the result of the
calculateTaxesmethod in thetaxesvariable.
Solution
solution.java
Everything was clear?
Thanks for your feedback!
SectionΒ 1. ChapterΒ 7
single