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Federal Income Tax Two 2011Tax Rate Schedules are given in the table below. If xequals taxable income and yequals the tax due, construct a function y=f(x)for Schedule X.

Short Answer

Expert verified

For Schedule X

f(x)=0.10xif0<x≤8500850+0.15(x-8500)if8500<x≤345004750+0.25(x-34500)if34500<x≤8360017025+0.28(x-83600)if83600<x≤17440042449+0.33(x-174400)if174400<x≤379150110016.15+0.35(x-379150)ifx>379150

Step by step solution

01

Step 1. Form the first function

If the person earns less than or equal to 8500dollars then he pays 10% of the income tax. So it can be written as

f1(x)=10%·xf1(x)=0.10x

where localid="1645865733938" 0<x≤8500.

02

Step 2. Form the second function

When a person earns more than 8500dollars but less than or equal to 34500dollars, then he pays a fixed amount 850dollars plus 15% of everything over 8500dollars. So it can be written as

f2(x)=850+15%·(x-8500)f2(x)=850+0.15(x-8500)

where 8500<x≤34500.

03

Step 3. Form the third function 

When a person earns more than 34500dollars but less than or equal to 83600dollars, then he pays a fixed amount 4750dollars plus 25% of everything over 34500dollars. So it can be written as

f3(x)=4750+25%·(x-34500)f3(x)=4750+0.25(x-34500)

where 34500<x≤83600.

04

Step 4. Form the fourth function 

When a person earns more than 83600dollars but less than or equal to 174400dollars, then he pays a fixed amount 17025dollars plus 28% of everything over 83600dollars. So it can be written as

f4(x)=17025+28%·(x-83600)f4(x)=17025+0.28(x-83600)

where 83600<x≤174400.

05

Step 5. Form the fifth function 

When a person earns more than 174400dollars but less than or equal to 379150dollars, then he pays a fixed amount 42449dollars plus 33% of everything over 174400dollars. So it can be written as

f5(x)=42449+33%·(x-174400)f5(x)=42449+0.33(x-174400)

where 174400<x≤379150.

06

Step 6. Form the sixth function 

When a person earns more than 379150dollars then he pays a fixed amount 110016.50dollars plus 35% of everything over 379150dollars. So it can be written as

f6(x)=110016.50+35%·(x-379150)f6(x)=110016.50+0.35(x-379150)

where x>379150.

07

Step 7. Write the complete function

Using the six functions formed we can write the complete piecewise function as

f(x)=0.10xif0<x≤8500850+0.15(x-8500)if8500<x≤345004750+0.25(x-34500)if34500<x≤8360017025+0.28(x-83600)if83600<x≤17440042449+0.33(x-174400)if174400<x≤379150110016.15+0.35(x-379150)ifx>379150

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Most popular questions from this chapter

Graph the function using the techniques of shifting, compressing, stretching, and/or reflecting. Start with the graph of the basic function and show all stages. Be sure to show at least three key points. Find the domain and the range of each function. Verify your results using a graphing utility.

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