A taxpayer in the 25% marginal tax bracket invests $1,000 of after-tax dollars at 10% interest before taxes. At the end of year one, the taxpayer will have accumulated after-tax dollars of $1,075.

Answer the following statement true (T) or false (F)


True

$1,000 + $1,000(.1)(1 - .25) = $1,075.

Business

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Answer the following statement true (T) or false (F)

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