alternative ax was created to prevent weälthy using creative deductions and shelters to avoid having to pay anything to the Internal Revenue Service. But it has increasingly hit the middle class. The number of taxpayers subjected to an alternative minimum tax is projected to be 35.5 N(t) (0 sts 7) 1 + 6.89e-0.8674t where N(t) is measured in millions and t is measured in years, with t = 0 corresponding to 2004.† What was the projected number of taxpayers subjected to an alternative minimum tax in 2006? (Round your answer to two decimal places.) million taxpayers

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.6: Inequalities
Problem 88E
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1,6) Calculus homework

Alternative Minimum Tax The alternative minimum tax was created in 1969 to prevent the very wealthy from using creative deductions
and shelters to avoid having to pay anything to the Internal Revenue Service. But it has increasingly hit the middle class. The number of
taxpayers subjected to an alternative minimum tax is projected to be
35.5
N(t) =
1+ 6.89e-0.8674
(0 st s 7)
where N(t) is measured in millions and t is measured in years, with t = 0 corresponding to 2004.t What was the projected number of taxpayers
subjected to an alternative minimum tax in 2006? (Round your answer to two decimal places.)
million taxpayers
Transcribed Image Text:Alternative Minimum Tax The alternative minimum tax was created in 1969 to prevent the very wealthy from using creative deductions and shelters to avoid having to pay anything to the Internal Revenue Service. But it has increasingly hit the middle class. The number of taxpayers subjected to an alternative minimum tax is projected to be 35.5 N(t) = 1+ 6.89e-0.8674 (0 st s 7) where N(t) is measured in millions and t is measured in years, with t = 0 corresponding to 2004.t What was the projected number of taxpayers subjected to an alternative minimum tax in 2006? (Round your answer to two decimal places.) million taxpayers
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