The piecewise function represents the amount of taxes owed, f(x), as a function of the taxable income, x. Use the marginal tax rate chart or the piecewise function to answer the questions.
Tax Bracket Marginal Tax Rate
$0–$10,275 10%
$10,276–$41,175 12%
$41,176–$89,075 22%
$89,076–$170,050 24%
$170,051–$215,950 32%
$215,951–$539,900 35%
> $539,901 37%
A piecewise function f of x in seven pieces. The function is defined by part 1, which is 0 point 10 times x for x less than or equal to 10,275; part 2, which is 0 point 12 times x minus 205 point 50 for 10,276 is less than or equal to x which is less than or equal to 41,175; part 3 which is 0 point 22 times x minus 4,323 for 41,176 is less than or equal to x which is less than or equal to 89,075; part 4 which is 0 point 24 times x minus 6,105 point 50 for 89,076 is less than or equal to x which is less than or equal to 170,050; part 5 which is 0 point 32 times x minus 9,070 point 32 for 170,051 is less than or equal to x which is less than or equal to 215,950; part 6 which is 0 point 35 times x minus 26,187 point 50 for 215,951 is less than or equal to x which is less than or equal to 539,900; and part 7 which is 0 point 37 times x minus 36,985 point 67 for x is greater than or equal to 539,901.
Part A: Using the method of your choice, demonstrate how to calculate the amount of taxes owed on a taxable income of $39,000. Show all work. (4 points)
Part B: Using the taxes owed from part A, determine the effective tax rate. Show all work. (4 points)
Part C: Compare the piecewise function to the marginal tax rate chart. How is the marginal tax rate chart represented in the piecewise function? (2 points)