• January 27th, 2016

Intermediate Algebra

Order Instructions/Description

The Internal Revenue Service (IRS) standard mileage rate is a way of computing an automobile expense deduction on a tax return when the vehicle is used for business purposes. The information in the data table provides the mileage rate in cents per mile for various years since 1999. Let M (t) be the standard mileage rate in cents per mile at t years since 1999. http://www.irs.gov/Tax-Professionals/Standard-Mileage-Rates/ (Links to an external site.)

year    Mileage rate
(cents/mile)
1999    31
2002    37
2005    41
2007    49
2011    51
2014    56
Fill in this input/output table  with columns labeled with variable, units and description.

years after
Mileage Rate (cents/mile)
31
37
41
49
51
56

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