Tax owed: The income tax T owed in a certain state is a function of the taxable income I, both measured in dollars. The formula is
T = 0.11I − 500 .
a. Express using functional notation the tax owed on a taxable income of $13,000, and then calculate that value.
b. If your taxable income increases from $13,000 to $14,000, by how much does your tax increase?
c. If your taxable income increases from $14,000 to $15,000, by how much does your tax increase?
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