Here are selected entries from the 2010 tax table that show the federal income tax owed by those married and filing jointly. The taxable income and the tax are both in dollars. Taxable income Tax 67,500 9291 67,600 9306 67,700 9321 67,800 9336 67,900 9351 68,000 9369 68,100 9394 68,200 9419 68,300 9444 68,400 9469 68,500 9494 68,600 9519
Here are selected entries from the 2010 tax table that show the federal income tax owed by those married and filing jointly. The taxable income and the tax are both in dollars. Taxable income Tax 67,500 9291 67,600 9306 67,700 9321 67,800 9336 67,900 9351 68,000 9369 68,100 9394 68,200 9419 68,300 9444 68,400 9469 68,500 9494 68,600 9519
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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Here are selected entries from the 2010 tax table that show the federal income tax owed by those married and filing jointly. The taxable income and the tax are both in dollars.
Taxable income | Tax |
---|---|
67,500 | 9291 |
67,600 | 9306 |
67,700 | 9321 |
67,800 | 9336 |
67,900 | 9351 |
68,000 | 9369 |
68,100 | 9394 |
68,200 | 9419 |
68,300 | 9444 |
68,400 | 9469 |
68,500 | 9494 |
68,600 | 9519 |
Over what two parts of this table is the tax T a linear function of the taxable income t?
67,500 ≤ t ≤ 68,200 and 68,300 ≤ t ≤ 68,600
67,500 ≤ t ≤ 68,100 and 68,200 ≤ t ≤ 68,600
67,500 ≤ t ≤ 68,000 and 68,100 ≤ t ≤ 68,600
67,500 ≤ t ≤ 67,900 and 68,000 ≤ t ≤ 68,600
67,500 ≤ t ≤ 67,700 and 67,800 ≤ t ≤ 68,600
Find formulas for both linear functions. (Let T be tax and t taxable income.)
lower range | T | = |
|
upper range | T | = |
|
Explain in practical terms what the slopes mean
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