Federal Taxes and the United States Population Federal Taxes Collected Population 400 $3.50 3.18 3.02 2.78 316 $3.00 350 319 320 314 2.45 $2.50 300 $2.00 250 $1.50 200 $1.00 150 $0.50 100 2012 2013 2014 2015 Year Federal Taxes Collecte d (trillions of dollars) Population (millions)

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 18E: Tax Table Here are selected entries from the 2014 tax table that show the federal income tax owed by...
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The bar graph shows the total amount Americans paid in federal taxes, in trillions of dollars, and the U.S. population, in millions, from 2012 through 2015. Solve ?

a. In 2014, the United States government collected $3.02 trillion in taxes. Express this number in scientific notation.

b. In 2014, the population of the United States was approximately 319 million. Express this number in scientific notation.

c. Use your scientific notation answers from parts (a) and (b) to answer this question: If the total 2014 tax collections were evenly divided among all Americans, how much would each citizen pay? Express the answer in decimal notation, rounded to the nearest dollar.

Federal Taxes and the United States Population
Federal Taxes Collected
Population
400
$3.50
3.18
3.02
2.78 316
$3.00
350
319
320
314
2.45
$2.50
300
$2.00
250
$1.50
200
$1.00
150
$0.50
100
2012
2013
2014
2015
Year
Federal Taxes Collecte d
(trillions of dollars)
Population (millions)
Transcribed Image Text:Federal Taxes and the United States Population Federal Taxes Collected Population 400 $3.50 3.18 3.02 2.78 316 $3.00 350 319 320 314 2.45 $2.50 300 $2.00 250 $1.50 200 $1.00 150 $0.50 100 2012 2013 2014 2015 Year Federal Taxes Collecte d (trillions of dollars) Population (millions)
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