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You want to invest equal annual amounts over the next 5 years. If your goal is to have $22000 at the end of that
You want to invest equal annual amounts over the next 5 years. If your goal is to have $22000 at the end of that time and if you can earn 8% on your invested funds, how much do you need to invest annually at the end of each year to reach your goal? Donna is subject to a marginal tax rate of 24%. She earned $950 in dividends from a taxable brokerage account last year. How much of the dividend income will Donna pay in taxes? Donna purchased 270 shares of Fly By Wire Training Academy at $76.25 per share one year ago. She has just received a dividend of $3.10 per share and the share is selling at a price of $89.50. If Donna sold it at this price, what was her rate of return on Fly By Wire stock over the one-year holding period?
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