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shepherd shepherd
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Posts: 2986
8 years ago
Jakob received a $1,000 a year raise in January, sold stocks in March for $6,000 that were originally purchased for $4,000, and in July had a $100 monthly increase in mortgage payments on an adjustable rate mortgage. The increased mortgage payment was in effect the remainder of the year. What was the total impact on Jakob's cash flow for the year?
A) $7,600      B) $1,000      C) $6,400      D) $5,400
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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Posts: 2938
8 years ago
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shepherd Author
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8 years ago
You really helped me with my business course, thank you!
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8 years ago
Happy to help Slight SmileSlight Smile
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