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shepherd shepherd
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8 years ago
Jake invested $800 in an IRA. If he has a 15% marginal tax rate and the contribution is tax deductible, Jake will
A) pay $120 less in taxes.      B) receive no change to his tax liability.
C) pay $120 more in taxes.      D) have $800 more in adjusted gross income.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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shepherd Author
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#2
8 years ago
You really helped me with my business course, thank you!
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#3
8 years ago
Let me know if you need anymore help
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