Here are selected entries from the 2014 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 72,000 72,200 72,400 72,600 72,800 73,000 73,200 73,400 73,600 73,800 74,000 74,200 Over what two parts of this table is the tax T a linear function of the taxable income t? O 72,000 sts 73,400 and 73,600 st≤ 74,200 O 72,000 st≤ 73,000 and 73,200 st≤ 74,200 O 72,000 sts 73,600 and 73,800 st≤ 74,200 O 72,000 st≤ 72,800 and 73,000 st≤ 74,200 72,000 st≤ 72,400 and 72,600 ≤ t ≤ 74,200 Tax 9896 9926 upper range T(t) = 9956 9986 10,016 10,046 10,076 10,106 10,136 10,169 10,219 10,269. Find formulas for both linear functions. (Let T be tax and t taxable income.) lower range T(t) = Explain in practical terms what the slopes mean..
Here are selected entries from the 2014 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 72,000 72,200 72,400 72,600 72,800 73,000 73,200 73,400 73,600 73,800 74,000 74,200 Over what two parts of this table is the tax T a linear function of the taxable income t? O 72,000 sts 73,400 and 73,600 st≤ 74,200 O 72,000 st≤ 73,000 and 73,200 st≤ 74,200 O 72,000 sts 73,600 and 73,800 st≤ 74,200 O 72,000 st≤ 72,800 and 73,000 st≤ 74,200 72,000 st≤ 72,400 and 72,600 ≤ t ≤ 74,200 Tax 9896 9926 upper range T(t) = 9956 9986 10,016 10,046 10,076 10,106 10,136 10,169 10,219 10,269. Find formulas for both linear functions. (Let T be tax and t taxable income.) lower range T(t) = Explain in practical terms what the slopes mean..
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Transcribed Image Text:Here are selected entries from the 2014 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
9896
72,000
72,200
9926
72,400
9956
9986
10,016
10,046
10,076
10,106
10,136
10,169
10,219
10,269
72,600
72,800
73,000
73,200
73,400
73,600
73,800
74,000
74,200
Over what two parts of this table is the tax T a linear function of the taxable income t?
O 72,000 st≤ 73,400 and 73,600 ≤ t ≤ 74,200
O 72,000 st≤ 73,000 and 73,200 ≤ t ≤ 74,200
O 72,000 ≤ t ≤ 73,600 and 73,800 ≤ t ≤ 74,200
72,000 ≤ t ≤ 72,800 and 73,000 ≤ t ≤ 74,200
O 72,000 ≤ts 72,400 and 72,600 ≤ t ≤ 74,200
upper range
Find formulas for both linear functions. (Let T be tax and t taxable income.)
lower range
T(t) =
T(t) =
Explain in practical terms what the slopes mean.
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