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Question 6 1 points Save Answer If you have $100 in savings and deposit $500 at the end of year 1, add $750 at the
Question 6 1 points Save Answer If you have $100 in savings and deposit $500 at the end of year 1, add $750 at the end of year and add $1000 at the end of year 3, how much will you have in total if the interest rate in year 1 was 4%, year 2 was 5% and year 3 was 6% (all compounded annually) (round your answer) O a. $2,350 O b. $2,376 O c. $2,450 O d. $2,367 O e. $2,467l Would Melissa prefer a fully taxable investment earning 10 percent or a tax-free investment earning 4 percent? Assume a combined marginal tax rate of 36.00 percent? The after-tax investment rate for her fully taxable investment is %. (Do not put a $6 in your answer.) Which product should she choose to invest for higher prot? 4 I {Type A or B into the blank.) A} Fully taxable investment B] Tax-free investment Mr. K arrived at the following tax information: Gross Salary $49,300 Interest Earnings $590 Eligible dividend income $170 Basic personal amount $3,650 Union dues $8,020 Moving expense (50 km for employment) $1,850 Dividend Gross up Rate 38% What amount will Franklin report as taxable income? (Round your answer to the nearest dollar amount. Omit the "$" sign in your answer.)
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