In a certain country, income tax is assessed as follows: There is NO tax on income up to $15,000. Income over $15,000 up to $30,000 is taxed at 12%. Income over $30,000 is taxed at 18%. 1) Write the piecewise function of this country (make sure to use decimals instead of percent). 2) Determine how much tax is to be paid on an income of $20,000.
In a certain country, income tax is assessed as follows: There is NO tax on income up to $15,000. Income over $15,000 up to $30,000 is taxed at 12%. Income over $30,000 is taxed at 18%. 1) Write the piecewise function of this country (make sure to use decimals instead of percent). 2) Determine how much tax is to be paid on an income of $20,000.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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In a certain country, income tax is assessed as follows:
There is NO tax on income up to $15,000. Income over $15,000 up to $30,000 is taxed at 12%. Income over $30,000 is taxed at 18%.
1) Write the
2) Determine how much tax is to be paid on an income of $20,000.
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