The graph that follows is the graph of a polynomial function. (i) What is the minimum degree of a polynomial function
that could have the graph? (ii) Is the leading coefficient of the polynomial negative or positive?
Assume that a savings account earns interest at the rate of 2% compounded monthly. If this
account contains $1000 now, how many months will it take for this amount to double if no
withdrawals are made?
The following table shows a recent state income tax schedule for married couples filing a joint
return in State X. State X Income Tax
SCHEDULE I – MARRIED FILING JOINTLY
If taxable income is
Over But not over Tax due is
$0 $40,000 4.25% of taxable incomes
$40,000 $70,000 $3700 plus 6.75% of excess over $40,000
$70,000 $3875 plus 7.05% of excess over $70,000
(i) Write a piecewise definition for the tax due T(x) on an income of x dollars. (ii) Graph T(x). (iii)
Find the tax due on a taxable income of $50,000. Of $95,000.