Answers DRHS GA-GSE Personal Financial Literacy Unit Test — Unit testQuestion 14

14

QuizMultiple Choice

Unit Test — Unit test

Question 14 of 25 • DRHS GA-GSE Personal Financial Literacy

If an investor has a $5,000 pretax return, the state tax rate is 4.5%, and the federal tax rate is 22.0%, what is the real investment value?

Answer

A

$1,325

B

$3,675

C

$3,900

D

$4,775

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