I W TUIU Ul US come? 52.12 QUESTION 6 Chuck, a single taxpayer, earns $65,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. If Chuck claims an additional $40,000 of deductions, what is his marginal tax rate on this income? QUESTION 7 Jorge and Anita, married taxpayers, earn $140,000 in taxable income and $40,000 in interest from an investment in City of Heflin bonds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? QUESTION 8 Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Wit QUESTION 9 Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 in a bond recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax characteristics to the City of Heflin bond. Assume Melinda's marginal tax rate is 20 percent. How much implicit tax does she pay on the City of Heflin bond? QUESTION 10 Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 in a bond recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax characteristics to the City of Heflin bond. Assume Melinda's marginal tax rate is 20 percent. How much explicit tax would she have paid on the Surething, Inc. bond? QUESTION 11 Melinda invests $100.000 in a City of Heflin bond that navs 6.4 percent interest. Alternatively. Melinda could have Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window NA QUESTION 6 Chuck, a single taxpayer, earns $65,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. If Chuck claims an additional $40,000 of deductions, what is his marginal tax rate on this income? 2 points QUESTION 7 Jorge and Anita, married taxpayers, earn $140,000 in taxable income and $40,000 in interest from an investment in City of Heflin bonds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? 2 points Save Anne QUESTION 8 2 points Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 in a bond recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax characteristics to the City of Heflin bond. Assume Melinda's marginal tax rate is 20 percent. What is her after tax rate of return for the City of Heflin bond? 6.4 6 A