Question
The following table shows tax due for the given taxable income level for a single taxpayer. Taxable income $97,000 Tax due $21,913 $97,050 $21,927
The following table shows tax due for the given taxable income level for a single taxpayer. Taxable income $97,000 Tax due $21,913 $97,050 $21,927 $97,100 $21,941 $97,150 $21,955 $97,200 $21,969 (a) Show that the data in the table are linear. For every change of $50 in the taxable income there is constant These data exhibit a constant change of $14 in the tax due. rate of change and are < linear. (b) How much additional tax is due on each dollar over $97,000? (Round your answer to the nearest cent.) $ 0.22 X per dollar (c) What would you expect for your tax due if you had a taxable income of $97,000? $ 21913 What would you expect for your tax due if you had a taxable income of $97,500? $ (d) Find a linear formula that gives tax due T if your income is A dollars over $97,000. (Round equation parameters to two decimal places.) T= 0.28421913
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