Business, 07.09.2019 00:10 jakepeavy70
Plz tell me how to calculate! patrick has successfully invested in a growing tech company. three years ago he invested $10,000 in the company through a broker. now he has decided to sell his stock. the value of his stock is now at $17,000. here are the taxes and fees associated with his investment: annual brokerage fee: $25 state tax: 5% of profit federal tax: 25% of profit inflation rate: 1% per year the state tax patrick must pay on the initial profit is . the federal tax he must pay on the initial profit is . the inflation on the amount remaining after taxes is . as a result, the real value of patrick’s profit is .
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Plz tell me how to calculate! patrick has successfully invested in a growing tech company. three ye...
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