Use a calculator to work these exercises. (See Examples 1 and 2.)
The Minnesota state income tax for a single person in 2013 was determined by the rule
where x is the person’s taxable income. Find the tax on each of these incomes. (Data from: www.taxbrackets.org.)
(a) $20,000
(b) $70,000
(c) $120,000
Example 1
Finance If you were a single person in Connecticut in 2013 with a taxable income of x dollars and x ≤ $500,000 then your state income tax T was determined by the rule
Example 2
Suppose the projected sales (in thousands of dollars) of a small company over the next 10 years are approximated by the function
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