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Mathematics 18 Online
OpenStudy (anonymous):

@Becki Valerie deposited $2000 into an IRA that grew to $5000 by retirement. If Valerie is currently in the 15% tax bracket and retired, how much tax will she have to pay when she withdraws the entire $5000? A. $750 B. $300 C. $0 D. $500

OpenStudy (ivancsc1996):

A.

OpenStudy (anonymous):

She'll pay 15% of the total amount. So $5000 x 15%

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