QuestionCalculate the income tax $h(x)$ for a single person given the rules. Find $h(1260)$, $h(7160)$, and $h(49070)$. Round $h(49070)$ to the nearest cent.

Studdy Solution
Calculate the value of $h(49,070)$.
$$h(49,070) =270 +0.04 \times (49,070 -11,000) =270 +0.04 \times38,070 = \$1,792.80$$Interpretation$h(1260)$ means that a single person with a taxable income of $1260$ will pay \$25.20 in state income tax.$h(7160)$means that a single person with a taxable income of$7160$will pay \$174.80 in state income tax.$h(49,070)$means that a single person with a taxable income of$49,070$ will pay \$1,792.80 in state income tax.