Note: Please provide final assignment in a single ZIP fileNote:In the assignments below name all of your controls properly, and use variable names in camelNotation.
BTM 380 Assignment 1 In the assignments below name all of your controls properly, and use variable names in camelNotation. Submit your assignments by uploading single zipped file to the Moodle. Make sure to preserve the directory structure. It is strongly recommended that you download and test your work after you have uploaded it to make sure it has been properly submitted. 1.1 You are asked to develop an application to calculate savings for a number of time periods. Assume in the beginning of each month the user plans to save x amount of dollars to the investment account that pays r % of annual interest compounded monthly. (To find monthly rate you should divide annual rate by 12 months). Your application should take as inputs monthly payment (the amount user intends to save each month), and the annual rate (as percent). When the user clicks “next month” button, the program should calculate the new balance, and display the number of months passed. Initially, the balance is zero, and number of months is also 0. Refer to figures below for the interface design. Initially, when user entered numbers, but did not click the “next” button. After 12 clicks: 1.2 Write a code for the following application. A project has initial investment, yearly revenue and yearly expenses. Your program should be able to take these data and calculate the break-even year, i.e. when the cumulative profits become 0. Also, it should have a listbox that would list the cumulative profit for the number of years, which is double that of a break-even year. For instance, if your break-even year is 5, the cumulative profits should be listed for 10 years. Refer to the example below. 1.3 In a country XYZ a government organization classifies its employees according to categories: A and B. The salary of an employee depends on the number of years of service, and the category of the employee. The gross yearly salary grid is shown below. Category A Category B Years 0-4 $ 45,000 $ 52,000 5-9 $ 50,000 $ 60,000 10-14 $ 55,000 $ 67,000 15-19 $ 58,000 $ 74,000 >19 $ 60,000 $ 80,000 If an employee earns less than $55,000, the tax rate on income is 30%. Between $55,000 and below $70,000 the rate is 35%. Above $70,000, the rate is 40%. Employees can also choose between 0%, 3%, or 5% option for their yearly pension savings as a percentage of their pay after taxes. Develop an application that will allow indicating employee category (use radio buttons), years of service (text box or list box), and chosen pension saving plan (radio buttons). The application should calculate: 1) the gross salary; 2) taxes deducted; 3) pension deduction; and 4) the net pay (all on a yearly basis).