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Author Question: Nolan earns a salary of $80,000 and has a flat tax rate of 28%. The amount of after-tax dollars he ... (Read 42 times)

maegan_martin

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Question 1

Miles invests $20,000 in a taxable bond for 5 years that earns 5% interest per year. His marginal tax rate is 15%. What is his after-tax accumulated investment at the end of year 1?
◦ $20,850
◦ $21,000
◦ $21,700
◦ $22,000

Question 2

Nolan earns a salary of $80,000 and has a flat tax rate of 28%. The amount of after-tax dollars he has to invest is
◦ $22,400.
◦ $57,600.
◦ $56,000.
◦ $80,000.


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Marked as best answer by maegan_martin on Sep 13, 2020

vickyvicksss

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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maegan_martin

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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