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Financial Math
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Question 1
1
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Question 1 • Financial Math
The piecewise function representing a progressive tax system is shown. T(x)={0.05xifx≤20,0001,000+0.1(x−20,000)ifx>20,000 How much is the tax for an income of $35,000 ?
Answer
A
$3,000
B
$1,500
C
$2,500
D
$4,000
Question 1
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