0.10x if 0 379,150. If Your Taxable But The Tax Of the Income Not You Amount Is Over Over Owe Is Over $ 8500 $ 34,500 $ 83,600 10% $ $ 8500 850.00 + 15% $ 8500 $ 34,500 $ 83,600 $ 4750.00 + 25% $ 34,500 $ 83,600 $174,400 $ 17,025.00 + 28% $174,400 $379,150 $ 42,449.00 + 33% $174,400 $379,150 $110,016.50 + 35% $379,150 %24 %24

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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The  tax table can be modeled by a piecewise function,where x represents the taxable income of a single taxpayer and T(x) is the tax owed:

Find and interpret T(50,000).

0.10x
if
0 <xs 8500
850.00 + 0.15(x - 8500)
4750.00 + 0.25(x - 34,500) if 34,500 <x s 83,600
17,025.00 + 0.28(x - 83,600) if 83,600 <xs 174,400
if
8500 <xs 34,500
T(x) =
?
if 174,400 <x < 379,150
?
if
x> 379,150.
Transcribed Image Text:0.10x if 0 <xs 8500 850.00 + 0.15(x - 8500) 4750.00 + 0.25(x - 34,500) if 34,500 <x s 83,600 17,025.00 + 0.28(x - 83,600) if 83,600 <xs 174,400 if 8500 <xs 34,500 T(x) = ? if 174,400 <x < 379,150 ? if x> 379,150.
If Your
Taxable
But
The Tax
Of the
Income
Not
You
Amount
Is Over
Over
Owe Is
Over
$ 8500
$ 34,500
$ 83,600
10%
$
$ 8500
850.00 + 15%
$ 8500
$ 34,500
$ 83,600
$ 4750.00 + 25%
$ 34,500
$ 83,600
$174,400
$ 17,025.00 + 28%
$174,400
$379,150
$ 42,449.00 + 33%
$174,400
$379,150
$110,016.50 + 35%
$379,150
%24
%24
Transcribed Image Text:If Your Taxable But The Tax Of the Income Not You Amount Is Over Over Owe Is Over $ 8500 $ 34,500 $ 83,600 10% $ $ 8500 850.00 + 15% $ 8500 $ 34,500 $ 83,600 $ 4750.00 + 25% $ 34,500 $ 83,600 $174,400 $ 17,025.00 + 28% $174,400 $379,150 $ 42,449.00 + 33% $174,400 $379,150 $110,016.50 + 35% $379,150 %24 %24
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