Math Problem Statement
In a particular state and for a particular year, the income tax rates for a single person were as follows. A 3% tax of the first $8200 earned, 3.5% of the next $3200 earned, 4% of the next $2150 earned, 5.9% of the next $7200 earned, 6.45% of the next $56 comma 400 earned, 6.65% of the next $128 comma 800 earned, 6.85% of the next $823 comma 100 earned, and 8.89% of any amount earned over $1 comma 029 comma 050. Let f(x) represent the amount of tax owed on an income of x dollars. Answer parts (a) through (f) below and in parts (a) through (d) explain in a sentence what the answer means. f(12 comma 000)equals enter your response here This means a tax of $ enter your response here was due on an income of $ enter your response here. (Type integers or decimals rounded to the nearest hundredth as needed. Do not include the $ symbol in your answers.)
Solution
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Math Problem Analysis
Mathematical Concepts
Piecewise Functions
Tax Brackets
Percentages
Linear Segmentation of Functions
Formulas
Tax = Income × Rate for each bracket
Sum of taxes from all income brackets below total income
Theorems
Marginal Tax Rate System
Suitable Grade Level
Grades 10-12
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