Question
Income tax in a particular country is calculated according to the following rate schedule: 20% on the first $18,000 of income 38% on the next
Income tax in a particular country is calculated according to the following rate schedule:
20% on the first $18,000 of income
38% on the next $36,000 of income
49% on any further income
a. How much income tax should be paid by someone making $31,300?
b. How much income tax should be paid by someone making $71,900?
c. Construct a piecewise function that gives the tax for $x of income.
a) 0.2*18000 + 0.38*(31300-18000)
=3600+5054=
answer = 8654
b) 0.2*18000 + 0.38*36000+0.49*17900
3600+13680+8771
answer=26051
c) f(x) ={ 0.20xif x 18000
3600 + 0.38(x-18000)........if 18000 x 54000
3600+13680+0.49(x-54000)........if x 54000
------theA part is correct and well done but the other two parts are incorrect and need revision for full credit---the c part is correct up to the third piece namely 3600+13680+0.49(x-54000)........if x 54000
which is incorrect---- CAN SOME ONE PLEASE HELP ME WITH THIS PROBLEM
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