Samuel Jenkins made two investments; the first was 13 months ago and the second was two months ago. He just sold both investments and has a capital gain of $3,000 on each. If Samuel is single and has taxable income of $40,000, what will be the amount of capital gains tax on each investment?

The great thing about this problem is they give you everything you need to solve it easily. so the expression is: 12h+30w12h+30wand so everywhere you have an “h” you place 66. and everywhere you have a “w” you place 33. then the expression will look like this: 12(66)+30(33)12(66)+30(33)from here you multiply and then add. getting the following of: $785,862hope this