Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the existing tax structure, we will define a Piecewise Function that models this situation by giving: (a). the function's equation (b). a table

Based on the existing tax structure, we will define a Piecewise Function that models this situation by giving:

(a). the function's equation

(b). a table showing some function values (Function's Table of Values)

(c). a graph (Graph of the function)

image text in transcribed

PERFORMANCE TASK Rates of Tax on Taxable income of Individuals (a) Tax Schedule Effective January.1.2018 until December 31, 202264); Not over P250,000 0% Over P250,000 but not over P400,000....... 20% of the excess over P250,000 Over P400,000 but not over P800,000...... P30,000 + 25% of the excess over P400,000 Over P800,000 but not over P2,000,000 P130,000 + 30% of the excess over P800.000 Over P2,000,000 but not over P8,000,000...... P490,000 + 32% of the excess over P2,000,000 Over P8,000,000 P2,410,000 + 35% of the excess over P8,000,000 PERFORMANCE TASK Rates of Tax on Taxable income of Individuals (a) Tax Schedule Effective January.1.2018 until December 31, 202264); Not over P250,000 0% Over P250,000 but not over P400,000....... 20% of the excess over P250,000 Over P400,000 but not over P800,000...... P30,000 + 25% of the excess over P400,000 Over P800,000 but not over P2,000,000 P130,000 + 30% of the excess over P800.000 Over P2,000,000 but not over P8,000,000...... P490,000 + 32% of the excess over P2,000,000 Over P8,000,000 P2,410,000 + 35% of the excess over P8,000,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Computer Accounting With QuickBooks Online

Authors: Donna Kay

3rd Edition

1264127278, 9781264127276

More Books

Students also viewed these Accounting questions

Question

=+4. What do you think?

Answered: 1 week ago