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wrote...
Posts: 1940
Credits: 747
4 months ago
Brianna purchases stock for $8,000. The stock appreciates (grows) at a 6% rate before taxes. Brianna sells the stock ten years later for $14,327. Brianna has a 35% marginal tax rate, but the stock sale is a LTCG taxed at 15%. What are Brianna's after-tax proceeds?
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wrote...
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4 months ago
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$8,000 [(1.06)10 (1 - 0.15) + 0.15] = $13,378 using the deferred model
wrote...
2 months ago
I took a chance with your answer

It was right
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