Using data from 2010 and projected to 2018, the federal income tax per capita can be approximated
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Using data from 2010 and projected to 2018, the federal income tax per capita can be approximated by the equation
y = 486.48t + 3486.84
where t is the number of years past 2010 and y is in dollars (Source: usgovernmentrevenue.com).
(a) What t-value corresponds to 2018?
(b) Find the approximate federal income tax per capita in 2018.
(c) If the equation applies after 2018, in what year is the federal income tax per capita expected to exceed $10,000?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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