Problem

The following table gives the 2004 Connecticut state tax rates for persons who are head of...

The following table gives the 2004 Connecticut state tax rates for persons who are head of household. (Source for tax information in Exercises 23-27 is The World Almanac and Book of Fads 2005.)

IF YOUR TAXABLE INCOME IS OVER

BUT NOT OVER

THE TAX YOU OWE IS

OF THE AMOUNT  OVER

$0

$16,000

3%

$0

$16,000

 

$480 + 5%

$16,000

a. Find the tax owed on a taxable income of $5700.


b. Find the tax owed on a taxable income of $16,000.


c. Find the tax owed on a taxable income of $43,000.


d. Write a formula defining a piecewise linear function T(l) = … that gives tax owed in Connecticut as a function of taxable income.

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Solutions For Problems in Chapter 2.3