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Financial Math
Taxes — Test
Question 5
5
Quiz
Multiple Choice
Taxes — Test
Question 5 • Financial Math
Which piecewise function represents the tax brackets shown? 5% for income up to $20,000 15% for income between $20,000 and $60,000 25% for income over $60,000
Answer
A
f(x)={0.05xif x≤20,0000.15xif 20,000 60,000
B
f(x)={0.05xif x≤20,0000.15(x−20,000)if 20,000 60,000
C
f(x)={0.05xif x≤20,0001,000+0.15(x−20,000)if 20,000 60,000
D
f(x)={0.05xif x≤20,0001,000+0.15(x−20,000)if 20,000 60,000
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