
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Transcribed Image Text:The U.S. Federal income tax is a function of taxable income. Write T for the tax owed on a taxable income of I dollars. For tax year 2007, the function T for a single taxpayer was specified by the table
below.
If your taxable income was
Over-
tA
$0
7,825
31,850
77,100
160,850
349,700
But not
over-
7,825
31,850
77,100
160,850
349,700
Your tax is
10%
$782.50 +15%
4,386.25 + 25%
15,698.75 + 28%
39,148.75 + 33%
101,469.25 + 35%
of the
amount
over-
$7,825
$0
$31,850
$77,100
$160,850
What was the tax owed by a single taxpayer on a taxable income of $30,000?
$349,700
What was the tax owed by a single taxpayer on a taxable income of $95,000?
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