In a certain country income tax is assessed as follows


Question: In a certain country, income tax is assessed as follows. There is no tax on income up to $10,000. Any income over $10,000 is taxed at a rate of 10%, up to an income of $20,000. Any income over $20,000 is taxed at 15%.

(a) Sketch the graph of the tax rate R as a function of the income I.

Solution Preview :

Prepared by a verified Expert
Mathematics: In a certain country income tax is assessed as follows
Reference No:- TGS02378117

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)