The income tax of an individual before the T.R.A.I.N. Law was put into law is computed based on the following tax table. Amount of Net Taxable Annual Income Tax Rate Over But Not Over P10000 5% P10 000 P30000 P500+10% of the excess over P10 000 P30 000 P70000 P2500 + 15% of the excess over P30 000 P70 000 P140 000 P8 500 + 20% of the excess over P70 000 P140 000 P250 000 P22 500 + 25% of the excess over P140000 P250 000 P500 000 P50 000 + 30% of the excess over P250000 P500 000 P125 000+ 32% of the excess over P500 000 Source: http://www.ntrc.gov.ph/images/Publications/train/tax-changes-vou-need-to:know.pdf Construct a piecewise function O that will represent the amount of annual income tax of a person with an annual income of i using this tax table.
The income tax of an individual before the T.R.A.I.N. Law was put into law is computed based on the following tax table. Amount of Net Taxable Annual Income Tax Rate Over But Not Over P10000 5% P10 000 P30000 P500+10% of the excess over P10 000 P30 000 P70000 P2500 + 15% of the excess over P30 000 P70 000 P140 000 P8 500 + 20% of the excess over P70 000 P140 000 P250 000 P22 500 + 25% of the excess over P140000 P250 000 P500 000 P50 000 + 30% of the excess over P250000 P500 000 P125 000+ 32% of the excess over P500 000 Source: http://www.ntrc.gov.ph/images/Publications/train/tax-changes-vou-need-to:know.pdf Construct a piecewise function O that will represent the amount of annual income tax of a person with an annual income of i using this tax table.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:The income tax of an individual before the T.R.A.I.N. Law was put into law is computed based on the following tax table.
Amount of Net Taxable Annual Income
Tax Rate
Over
But Not Over
P10000
5%
P10 000
P30000
P500+10% of the excess over P10 000
P30 000
P70000
P2 500 + 15% of the excess over P30 000
P70 000
P140 000
P8 500 + 20% of the excess over P70 000
P140 000
P250 000
P22 500 + 25% of the excess over P140000
P250 000
P500 000
P50 000 + 30% of the excess over P250000
P500 000
P125 000+ 32% of the excess over P500 000
Source: http://www.ntrc.gov.ph/images/Publications/train/tax-changes-you-need to-know.pdf
Construct a piecewise function O that will represent the amount of annual income tax of a person with an annual income of i using this tax
table.
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