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Jim is planning to invest between $12,000 and $15,000 in two types of investment: investment 1 yields 6% and investment 2 yields 8%. Because of
Jim is planning to invest between $12,000 and $15,000 in two types of investment: investment 1 yields 6% and investment 2 yields 8%. Because of tax laws, he should invest between 40% and 60% of his total investment in investment 1 and no more than $8,100 in investment 2.
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Lets denote the amount Jim should invest in Investment 1 as X dollars and the amount he should invest in Investment 2 as Y dollars We have the followi...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
