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Mathematics 24 Online
OpenStudy (anonymous):

Alonzo’s income puts him in the third tax bracket (25%) last year. During the same year, he earned $325 in dividends and $100 in coupons on a municipal bond. Five years ago, he purchased a common stock for $275. He sold the same stock last year for $545. What is the total Alonzo will pay in taxes on last year’s investments?

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