Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

H1. Minimum and maximum income intervals given in the table, tax rates, based on the annual tax of us $50000 taxpayer, please find tax rate,

H1.
Minimum and maximum income intervals given in the table, tax rates, based on the annual tax of us $50000 taxpayer, please find tax rate, using the function of the VLOOKUP
Annualy income 500000 NCOME MNUMUM INCOME MAXMUM TAX RATE
Tax rates ?????? 0 9999 0,1
10000 49999 0,15
50000 99999 0,2
100000 499999 0,25
500000 999999 0,3
H1.
Minimum and maximum income intervals given in the table, tax rates, based on the annual tax of us $50000 taxpayer, please find tax rate, using the function of the VLOOKUP
Annualy income 500001 NCOME MNUMUM INCOME MAXMUM TAX RATE
Tax rates ?????? 459000 1060999 0,35
568000 1303999 0,4
677000 1546999 0,45
786000 1789999 0,5
895000 2032999 0,55

Please solve in excel and show formula

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions