A certain tax policy states that the first $65,000 of income is taxed at 7.25% and any income above $65,000 is taxed at 13.5%. 14 a. Write a function that models the tax policy. b. Calculate the tax on $135,000.

A certain tax policy states that the first $65,000 of income is taxed at 7.25% and any income above $65,000 is taxed at 13.5%. 14 a. Write a function that models the tax policy. b. Calculate the tax on $135,000.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is your estimate when compared to the actual answer? A full-time employee who works 40 hours per week earns $20.50 per hour. Estimate that person's annual income. J 2 Round 52 weeks to 50 weeks per year, and round the hourly wage to the nearest dollar for the estimate. The estimate of annual income is $ (Round to the nearest thousand as needed.) 3 25 TE
Hours. Suppose AT&T charges $6.01 for a 7-minute call to Sweden and $6.79 for an 8-minute Can to Sweden. Suppose that MCI charges $0.66 a minute plus a $1.99 overseas connection fee. a. Write a function that represents how much AT&T charges. Define your variables. b. Write a function that represents how much MCI charges. Use the same variable definitions as no. you did in part (a). c. Use an algebraic method (solve the two equations from parts (a) and (b) using substitution) to determine the length of a phone call that results in the same charge for both companies 83
help
Sara has an annual income of $70,000. Using the tax table If taxable But not income The tax is: over-- is over-- $0 $16,750 10% of the amount over $0 $16,750 $68,000 $1,675.00 plus 15% of the amount over 16,750 $9,362.50 plus 25% of the amount $68,000 $137,300 over 68,000 $26,687.50 plus 28% of the amount $137,300 $209,250 over 137,300 $46,833.50 plus 33% of the amount $209,250 $373,650 over 209,250 $101,085.50 plus 35% of the $373,650 no limit amount over 373,650 1. Calculate how much money she pays in taxes. 2. Calculate how much she saves in taxes by putting $150/month into this account (which means the money is deducted from income before taxes are calculated). 3. If Sara was the same employee from the previous question, is the flexible spending plan worth it for her? Why or why not?
Solve. If necessary, round to the nearest tenth of a percent. The graph below shows the total earnings of the top 30 members of the Ladies Professional Golf Association (LPGA) golf tour. What was the percent decrease in total earnings between the years 2009 and 2010? % 35 31.6 28.8 30 -27.5 25.4 25 20 15 10 5 2007 2008 2009 2010 Total Earnings of Top 30 LPGA Members Dollars (in millions)
this word problem is confusing me
PROJECT THE COST OF POST GRADE 12 STUDIES You are in your last year of study at school. Suppose your intention is to study further next year at the university, FET college or any other institution. Find out what the fees will be for the particular course you intend to do. The cost of your studies for the first year will be the current amount. This amount will most certainly be increased the following year. In order to find out what the increased amount will be, you need to find out what the amount was for the past three years. These amounts will give you an indication of the percentage for the next year. ACTIVITY 2: Use the table to work out the percentage increase: Note: ⚫ The following formula may help you to calculate the percentage increase for one year. Round all answers to ONE decimal place. Percentage increase YEAR New fees-old fees x100 Old fees FEES PERCENTAGE INCREASE Year before last Last year Current year Thus, the average increase is: % (show calculations)
A phone company charges customers a fixed 40 dollar service fee plus $0.10 per megabyte of data used, up to a cap of 500 megabytes. If a customer exceeds a 500 megabyte limit, then the company charges $0.50 per megabyte for any additional data used. a. Graph a function modeling this scenario. Clearly define all variables and label your graph. b. Write the piecewise function for total phone bill based on the number of megabytes a customer uses. c. What is the cost if a customer uses 600 megabytes in a month?
Student Loans Data for selected years from 2011and projected to 2023 can be used to show that thebalance of federal direct student loans y, in billions ofdollars, is related to the number of years after 2010,x, by the function y = 130.7x + 699.7.a. Graph the function for x-values corresponding2010 to 2025.b. Find the value of y when x is 13.c. What does this function predict the balance offederal direct student loans will be in 2029?(Source: U.S. Office of Management and Budget)
Use the situation to choose the correct answers. Complete Steps 1-2 in order.
Paper ate APART MENT 2019 INCREASED THE ME DIAN RENT FOR AN Ex PRESS IN 2009 To す 1097 FROM $960 IN TH IS PER CENTAGE CHANGE. 5. THE VACANCY RATE IN 2009 WAS 8.43 % AND 5.9 7 2019. EX PRE SS THIS AS A CHANGE IN BOTH PERCENTA GE POINTS AND PERCENTAGE CHANGE complEtE SENTENGE FOR EA