Problema Solution
The income tax T owed in a certain state is a function of the taxable income I, both measured in dollars. The formula is given below.
T = 0.14I − 400
(a) Express using functional notation the tax owed on a taxable income of $13,000.
T( )
Calculate the tax owed on a taxable income of $13,000.
$
(b) If your taxable income increases from $13,000 to $16,000, by how much does your tax increase?
$
(c) If your taxable income increases from $16,000 to $19,000, by how much does your tax increase?
$
Answer provided by our tutors
T(13000) = 0.14(13000) - 400
T(13000) = 1420
T(16000) = 1840
1840 - 1420 = 420
$420 increase
T(19000) = 2260
2260 - 1840 = 840
$840 increase