Major League Baseball has a labor agreement that states that if any team's payroll exceeds $128 million in a certain year would have to pay a luxury tax of 22.5% (for the first offense) . The linear function Represents the tax teams must pay for
Million dollars in payroll. Evaluate the function to find the tax a team would have to pay if their payroll were $165 million dollars.
A) $8.325 million
B) $36 million
C) $14.4 million
D) $3.6 million
E) none of these
Correct Answer:
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