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An investor has a $5,000 pretax return, The state tax rate is 4.5%, and the federal tax rate is 22.0%, what is the real investment value?
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An investor has a $5,000 pretax return, The state tax rate is 4.5%, and the federal tax rate is 22.0%, what is the real investment value?

User Bodzio
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2 Answers

5 votes

Answer:

The real investment value is $3,675

Explanation: Correct answer on edg 2020 (just took the quiz) ^-^

User Carles Xuriguera
by
7.9k points
6 votes
The real investment value is $3,675
User Jeppe Liisberg
by
7.8k points
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