The following table gives the 2004 Mississippi state tax rates for single persons.
IF FOUR TAXABLE INCOME IS OVER | BUT NOT OVER | THE TAX YOU OWE IS | OF THE AMOUNT OVER |
$0 | $5000 | 3% | $0 |
$5000 | $10,000 | $150 + 4% | $5000 |
$10,000 |
| $350 + 5% | $10,000 |
a. Find the tax owed on a taxable income of $3350.
b. Find the tax owed on a taxable income of $6000.
c. Find the tax owed on a taxable income of $38,000.
d. Write a formula defining a piecewise linear function T(I) = … that gives tax owed in Mississippi as a function of taxable income.
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