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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) = (0 sts 7) 1+ 6.89e-0.8674t where N(t) is measured in millions andt 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 2009? (Round your answer to two decimal places.) million taxpayers

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) = (0 sts 7) 1+ 6.89e-0.8674t where N(t) is measured in millions andt 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 2009? (Round your answer to two decimal places.) million taxpayers

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter5: Linear Inequalities
Section5.5: Solving Inequalities Involving Absolute Value
Problem 30PPS
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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) (0 sts 7) 1 + 6.89e-0.8674t where N(t) is measured in millions andt 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 2009? (Round your answer to two decimal places.) million taxpayers Need Help? Read It
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) (0 sts 7) 1 + 6.89e-0.8674t where N(t) is measured in millions andt 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 2009? (Round your answer to two decimal places.) million taxpayers Need Help? Read It
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