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    Exam 24: Appendix: Managing Personal Finances
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    Terrence Is in the 30% Tax Bracket
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Terrence Is in the 30% Tax Bracket

Question 149

Question 149

Multiple Choice

Terrence is in the 30% tax bracket. What is the after-tax cost of a $3,000 contribution to his traditional IRA account?


A) $900
B) $1,440
C) $2,100
D) zero

Correct Answer:

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