Math Problem Statement
Solution
To write a piecewise function that represents the tax due on an individual's income based on the provided income tax schedule, we need to break the income brackets into three parts: , , and .
Tax Rates from the Table (for individuals):
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Income from $0 to $15,000: The tax rate is 2.5% of the taxable income.
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Income from $15,000 to $30,000: The tax is $375 plus 5.55% of the income over $15,000.
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Income over $30,000: The tax is $1,207.50 plus 6.75% of the income over $30,000.
Piecewise Definition:
\begin{cases} 0.025x & \text{if } 0 \leq x \leq 15,000 \\ 375 + 0.0555(x - 15,000) & \text{if } 15,000 < x \leq 30,000 \\ 1,207.50 + 0.0675(x - 30,000) & \text{if } x > 30,000 \end{cases}$$ Would you like a more detailed explanation, or do you have any questions about this piecewise function? ### Related Questions: 1. How does the tax rate change for incomes over $30,000? 2. What is the total tax for an income of $20,000? 3. How would the tax calculation differ for married couples filing jointly? 4. Can this piecewise function be represented graphically, and how would it look? 5. What is the marginal tax rate for someone earning exactly $30,000? ### Tip: Piecewise functions are a great way to represent tax brackets since each income range has a different calculation. Always watch for boundaries in such functions!Ask a new question for Free
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Math Problem Analysis
Mathematical Concepts
Piecewise Functions
Income Tax Calculation
Algebra
Formulas
T(x) = 0.025x if 0 <= x <= 15,000
T(x) = 375 + 0.0555(x - 15,000) if 15,000 < x <= 30,000
T(x) = 1,207.50 + 0.0675(x - 30,000) if x > 30,000
Theorems
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Suitable Grade Level
Grades 9-12
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