Question
1. Lorna, 32 and single, is a full-time student who works as a tennis instructor earning $2,500 per month, she also received a gift of
1. Lorna, 32 and single, is a full-time student who works as a tennis instructor earning $2,500 per month, she also received a gift of $1,500 from her grandmother for her birthday and received $300 in scholarship funds that was in addition to another scholarship that completely covered her tuition and books. After reading a personal finance blog, she decides to open and make contributions to a Roth IRA. In the past year, she contributed $4,000 to her Roth IRA. The Roth IRA generated $175 in income, which she did not withdraw. What is her AGI?
1. Lorna, 32 and single, is a full-time student who works as a tennis instructor earning $2,500 per month, she also received a gift of $1,500 from her grandmother for her birthday and received $300 in scholarship funds that was in addition to another scholarship that completely covered her tuition and books. After reading a personal finance blog, she decides to open and make contributions to a Roth IRA. In the past year, she contributed $4,000 to her Roth IRA. The Roth IRA generated $175 in income, which she did not withdraw. What is her AGI?
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
