AnswersPersonal Finance - SC 26-27 For CreditPrinciples of InvestmentQuestion 6
6
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Principles of Investment

Question 6 • Personal Finance - SC 26-27 (For Credit)

✔ $200$400$600

Answer
Annie must pay in taxes to the state government on her investment.:

$200

She also must pay in taxes to the federal government.:

$1,000

As a result of the money she will lose to taxes, the real value of Annie’s profit is .:

$2,800

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