Provide an appropriate response.True or False? Short-term capital gains are profits on items sold within 12 months of their purchase.

A. True
B. False


Answer: A

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Fill in the blank(s) with the appropriate word(s).

Provide an appropriate response.Simplify: |9-1|

Fill in the blank(s) with the appropriate word(s).

Establish the identity.cos x csc x tan x = 1

What will be an ideal response?

Solve the problem. Refer to the table if necessary.You are married filing jointly and have a taxable income of $257,431. You make monthly contributions of $926 to a tax-deferred savings plan. Calculate the effect on annual take-home pay of the tax-deferred contribution. If necessary, round values to the nearest dollar.

A. Take-home pay will be $3111 more per year with tax-deferred plan B. Take-home pay will be $3667 more per year with tax-deferred plan C. Take-home pay will be $3667 less per year with tax-deferred plan D. Take-home pay will be $3111 less per year with tax-deferred plan