CS101 - C++ Programming Assignment: Employee Paycheck Calculator

This assignment involves developing a C++ program to calculate an employee's net paycheck. The program takes the employee's name, hours worked, and number of dependents as input. It then calculates gross pay, considering regular and overtime hours with different overtime rates for varying hour ranges. Deductions include federal and state income taxes, along with insurance costs based on the number of dependents. The program outputs the employee's name, dependents, gross pay, each withholding amount (federal tax, state tax, and insurance), and finally, the net take-home pay, formatted to two decimal places. The solution demonstrates the use of interactive I/O, variables, C++ binary arithmetic operators, output manipulators, string input, and decision-making structures (if-else) to handle different overtime scenarios and dependent-based insurance calculations.