Use the image to answer the question.
Quadrant 1 of a coordinate plane shows the x axis labeled taxable income and the y axis labeled tax rate.
A tax preparer needs to explain tax rates to a client. Which of the following best interprets the piecewise linear function for a tax client who earns $54,000?
(1 point)
Responses
The client will be taxed at a rate of 25% since their taxable income is within the third step of the function.
The client will be taxed at a rate of 25% since their taxable income is within the third step of the function.
The client will be taxed at a rate of 10% for the first $9,275 of taxable income. They will be taxed at a rate of 15% for $28,375, which is the amount of taxable income within the second step. The remaining $16,350 will be taxed at a rate of 25%.
The client will be taxed at a rate of 10% for the first $9,275 of taxable income. They will be taxed at a rate of 15% for $28,375, which is the amount of taxable income within the second step. The remaining $16,350 will be taxed at a rate of 25%.
The client will be taxed at a rate of 10% for the first $9,275 of taxable income. They will be taxed at a rate of 15% for $37,650. They will be taxed at a rate of 25% for $54,000.
The client will be taxed at a rate of 10% for the first $9,275 of taxable income. They will be taxed at a rate of 15% for $37,650. They will be taxed at a rate of 25% for $54,000.
The client will be taxed at a rate of 24% since their taxable income is within the third step of the function.
1 answer
1 answer