In shopping for a new house, you must consider several factors. In this problem the initial cost of the house, estimated annual fuel costs, and annual tax rate are available. Write a program that will determine the total cost after a five-year period for each set of house data below. You should be able to inspect your program output to determine the “best buy.”
Initial House Cost | Annual Fuel Cost | Tax Rate |
$175,000 | $2500 | 0.025 |
$200,000 | $2800 | 0.025 |
$210,000 | $2050 | 0.020 |
To calculate the house cost, add the fuel cost for five years to the initial cost, then add the taxes for five years. Taxes for one year are computed by multiplying the tax rate by the initial cost. Write and call a function that displays instructions to the program user and another function that computes and returns the house cost given the initial cost, the annual fuel cost, and the tax rate.
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