This program will calculate annual property tax

#include <iostream>

using namespace std;

int main ()

{

                //declaration of variables

    double const tax_rate = 2.64;

    double amount, payable, taxable_amt, payable_tax;

    const int rating = 100;

   

    cout<<"Enter the actual value of a piece of land\n";                         //prompts th user

    cout<<endl;

    cin>>amount;

   

    cout<<"Actual value of the property is:"<<"$"<<amount;                      //displays actual property price

    cout<<endl<<endl;

   

    //computation of taxable amount

    taxable_amt = 0.6 * amount;

   

    cout<<"taxable amount is :" <<"$" <<taxable_amt;                             //displays taxable amount

    cout<<endl;

    cout<<endl;

   

   

    //computes annual property tax

    payable = taxable_amt/rating;

    payable_tax = payable * tax_rate;

         

          cout<< "Annual property tax is :"<<"$"<<payable_tax;                     //displays annual property tax

          cout<<endl;

          cout<<endl;

         

          system("pause");

          return 0;    

          }     //ends main