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DedPeter [7]
2 years ago
15

An urban planner had a taxable income of $52,950 last year. if he paid 10% of his income between $0 and $8350, 15% of his income

between $8350 and $33,950, and 25% of his income between $33,950 and $52,950 in federal income tax, how much did the urban planner pay in federal income tax last year?
Mathematics
1 answer:
Gnom [1K]2 years ago
6 0

Add up the products of tax rate and applicable amount

10%×$8350 + 15%×(33950 -8350) + 25%×(52950 -33950)

= $835 + 3,840 + 4,750

= $9425


The planner paid $9,425 in taxes last year.

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Exponential model. For 1800 and 1850

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A = 1650e^100*0.0087846

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