SOLUTION: Laura’s income put her in the second tax bracket (15%) last year. During that year, she earned $225 in dividends and $375 in coupons on a corporate bond. Five years ago, she purcha

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Laura’s income put her in the second tax bracket (15%) last year. During that year, she earned $225 in dividends and $375 in coupons on a corporate bond. Five years ago, she purcha      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 874725: Laura’s income put her in the second tax bracket (15%) last year. During that year, she earned $225 in dividends and $375 in coupons on a corporate bond. Five years ago, she purchased a common stock for $325. She sold the same stock last year for $492. What is the total Laura will pay in taxes on last year’s investments?


Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
225
375
167 492-325
767 .15%2A767 = $115.05