1. ## Need help

Can someone please help me with the following? I have absolutely no idea what I am doing. I've read the text and listened to the live lecture. I'm an online student and really learn better hands on. I'm so sorry and appreciate any help. Thanks

C++ - You need to write a program that calculates and displays the take-home pay for a commissioned sales employee along with all of the deductions.

Input: Prompt the user for the weekly sales
Process: Perform the calculations. The employee receives 7% of her total sales as her gross pay. Her federal tax rate is 18%. She contributes 10% to her retirement program and 6% to Social Security.
Output: Display the results
Sample Output from Lab 1:
Enter Weekly Sales: 28000
Total Sales: 28000.00
Gross pay (7%): 1960.00
Federal tax paid: 352.80
Social security paid: 117.60
Retirement contribution: 196.00
Total deductions: 666.40

Take home pay: 1293.60
Press any key to continue . . .

Pseudo Code:

1. Declare variables
2. Accept Input – weeklySales
3. Calculate Gross Pay = Weekly Sales * .07
4. Calculate Federal Tax = Gross Pay * .18
5. Calculate Social Security = Gross Pay * .06
6. Calculate Retirement = Gross Pay * .1
7. Calculate Total Deductions = Federal Tax + Social Security + Retirement
8. Calculate Total Take Home Pay = Gross Pay – Total Deductions
9. Display the following on separate lines and format variables with \$ and decimal
a. Total Sales Amount: value of weekly sales
b. Gross Pay (.07): value of gross pay
c. Federal Tax paid (.18): value of federal tax
d. Social Security paid (.06): value of social security
e. Retirement contribution (.1): value of retirement
f. Total Deductions: value of total deductions
g. Take Home Pay: value of take home pay

Note: use SetPrecisions(2) to format the output (see page 98 of the text), the statements should look something like:

//include the iomanip header file at the top of the file
#include <iomanip>

//use fixed and setprecision(2) to format the number
//use setw(8) to control the width of the field
//use \t to control the spacing between fields
cout << fixed << setprecision(2);
cout << "Gross Pay (0.07):\t \$" << setw(8) << grossPay << endl;