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Morris will start investing $2,100 a year in stocks. He feels he can average a 9% return. If he follows this plan, how much will
Morris will start investing $2,100 a year in stocks. He feels he can average a 9% return. If he follows this plan, how much will he accumulate in 10 years? In 20 years? In 30 years? If he follows this plan, in 10 years he will accumulate $ ___? (Round to the nearest dollar.) If he follows this plan, in 20 years he will accumulate $___? (Round to the nearest dollar.) If he follows this plan, in 30 years he will accumulate $___? (Round to the nearest dollar.) Capital Gains Tax. Thomas purchased 200 shares of stock A for $33 a share and sold them more than a year later for $ 27 per share. He purchased 700 shares of stock B for $45 per share and sold them for $65 per share after holding them for more than a year. Both sales were in the same year. If Thomas is in a 35% tax bracket, what will his capital gains tax be for the year? If Thomas is in a 35% tax bracket, his capital gains tax for the year is $_____? (Round to the nearest dollar.)
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