Anyone good with financial algebra ? I attempted to solve the question but my answer is not matching none of my answer choices :(
Kendra’s income puts her in the top tax bracket (35%) last year. During the same year, she earned $760 in dividends and $490 in coupons on a corporate bond. Three years ago, she purchased a common stock for $835. She sold the same stock last year for $1180. What is the total Kendra will pay in taxes on last year’s investments? $337.25 $223.25 $406.25 $165.75
1180-490 = 690 * 0.35 = 241.5 ???????
you have the equation right...i would check your math tho...maybe you did somthing wrong and you didn't notice...if you've already done that, i can try to solve it
if I had to say one...i would put B as ur answer
Thank you @turtleluver
it was 337. 25
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