In Exercises 2526, we saw that in 1960, 23% of U.S. taxes came from corporate income

Chapter 1, Problem 82

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In Exercises 2526, we saw that in 1960, 23% of U.S. taxes came from corporate income tax, decreasing by approximately 0.28% per year. a. Write a formula that models the percentage of U.S. taxes from corporations, y, x years after 1960. b. Enter the formula from part (a) as y1 in your graphing utility. Then use either a table for y1 or a graph of y1 to numerically or graphically verify your answer to Exercise 25 or Exercise 26.

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