subject
Mathematics, 03.01.2020 06:31 taibamah

Patrick has successfully invested in a growing tech company. three years ago he invested $10,000 in the company through a broker. now he has decided to sell his stock. the value of his stock is now at $17,000. here are the taxes and fees associated with his investment: annual brokerage fee: $25 state tax: 5% of profit federal tax: 25% of profit inflation rate: 1% per year the state tax patrick must pay on the initial profit is . the federal tax he must pay on the initial profit is . the inflation on the amount remaining after taxes is . as a result, the real value of patrick’s profit is .

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Select all of the quadrants that the parabola whose equation is y=√x-4 (principal square root) occupies. i ii iii iv
Answers: 3
question
Mathematics, 22.06.2019 01:30
Determine if the solution set for the system of equations shown is the empty set, contains one point or is infinite. x + y = 5 x + y = 7 {} 1 solution infinite
Answers: 1
question
Mathematics, 22.06.2019 04:00
Factor these polynomials and explain how 1. 12x - 3x^2 2. 20 - 240x^2
Answers: 2
question
Mathematics, 22.06.2019 04:20
Asail is in the form of a right triangle that is 3 times as high as it is wide. the sail is made from 6 square meters of material. what is the height?
Answers: 1
You know the right answer?
Patrick has successfully invested in a growing tech company. three years ago he invested $10,000 in...
Questions
question
Mathematics, 08.01.2021 23:30
question
Mathematics, 08.01.2021 23:30
question
Mathematics, 08.01.2021 23:30
question
Computers and Technology, 08.01.2021 23:30
question
History, 08.01.2021 23:30
Questions on the website: 13722367