Question

In PYTHON

A non-governmental organization needs a program to calculate the amount of financial assistance for needy families. The formula is as follows:

•If the annual household income is between $30,000 and $40,000 and the household has at least three children, the amount is $1,000 per child.

•If the annual household income is between $20,000 and $30,000 and the household has at least two children, the amount is $1,500 per child.

•If the annual household income is less than $20,000, the amount is $2,000 per child. Implement a function for this computation. Write a program that asks for the household income and number of children for each applicant, printing the amount returned by your function. Use –1 as a sentinel value for the input.

Answer 1

If you need any corrections/clarifications kindly comment.

Program

income=None
sum=0
print("Financial Assistance Calculator\n")
income=(float(input("Please enter your house hold income: ")))
while income!=-1:
    sum=0
    num_child=(int(input("Please enter your total number of children: ")))
    if income<20000:
        sum=num_child*2000
    elif income<30000 and income>20000:
        if num_child>=2:
            sum=num_child*1500
    elif income<40000 and income>30000:
        if num_child>=3:
            sum=num_child*1000
    print("You qualify for : ${:0.2f}".format(sum)," in aid.")
    income=(float(input("\nPlease enter your house hold income: ")))
print("Thank you for using Financial Assistance Calculator!")
   
       

  

Output

Financial Assistance Calculator

Please enter your house hold income: 30500
Please enter your total number of children: 4
You qualify for : $4000.00 in aid.

Please enter your house hold income: 15000
Please enter your total number of children: 3
You qualify for : $6000.00 in aid.

Please enter your house hold income: -1
Thank you for using Financial Assistance Calculator!

Screenshot