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101. George earns $90,000 and has $20,000 in savings earning 4% per annum. If George borrows $100,000 at 8.5% per annum to purchase shares, what

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101. George earns $90,000 and has $20,000 in savings earning 4% per annum. If George borrows $100,000 at 8.5% per annum to purchase shares, what would be his income from all sources net of tax and interest? Assume a tax rate of 41.5% and that shares pay 5% per annum fully franked

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