On December 30, you make a $3,000 charitable donation. a. If you are in the 24 percent
Question:
On December 30, you make a $3,000 charitable donation.
a. If you are in the 24 percent tax bracket, how much will you save in taxes for the current year?
b. If you deposit that tax savings in a savings account for the next five years at 8 percent, what will be the future value of that account?
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Related Book For 
Focus On Personal Finance
ISBN: 9781265521974
7th Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
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