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(Solved): following table shows tax due for the given taxable income level for a single taxpayer. (a) Show th ...
following table shows tax due for the given taxable income level for a single taxpayer. (a) Show that the data in the table are linear. For every change of $50 in the taxable income there is change of $ in the tax due. These data exhibit a rate of change and linear. (b) How much additional tax is due on each dollar over $97,000 ? (Round your answer to the nearest cent.) $× per dollar (c) What would you expect for your tax due if you had a taxable income of $97,000 ? $ What would you expect for your tax due if you had a taxable income of $97,500?$ (d) Find a linear formula that gives tax due T if your income is A dollars over $97,000. (Round equation parameters to two decimal places.) T=