Math Problem Statement
In a particular state and for a particular year, the income tax rates for a single person were as follows. A
33%
tax of the first
$81008100
earned,
3.53.5%
of the next
$32003200
earned,
4.254.25%
of the next
$22502250
earned,
5.95.9%
of the next
$71007100
earned,
6.456.45%
of the next
$56 comma 60056,600
earned,
6.656.65%
of the next
$128 comma 800128,800
earned,
6.856.85%
of the next
$823 comma 400823,400
earned, and
8.768.76%
of any amount earned over
$1 comma 029 comma 4501,029,450.
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 00012,000)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
Tax brackets
Percentage calculation
Piecewise functions
Formulas
Tax = rate × income portion per bracket
Piecewise tax function for each bracket
Theorems
Progressive tax system
Suitable Grade Level
Grades 10-12
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