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Here is part of the 2011 Federal Tax Rate Schedule X that specifies the tax owed by a single taxpayer. If Your Taxable But Not

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Here is part of the 2011 Federal Tax Rate Schedule X that specifies the tax owed by a single taxpayer. If Your Taxable But Not Over The Tax You Owe Is Of the Amount Income is Over Over 50 $8500 10% $0 $8500 $34,500 $850.00 + 15% $8500 $34,500 $83,600 $4750.00 + 25% $34,500 Find and interpret T(24,340) That is, find the tax if the income is $24,340. Click the icon to view the piecewise function T(24,340) - (Do not include the $ symbol in your answer)

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