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    Taxation of Individuals
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    Exam 1: An Introduction to Tax
  5. Question
    How Much Explicit Tax Would Curtis Incur on Interest Earned
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How Much Explicit Tax Would Curtis Incur on Interest Earned

Question 61

Question 61

Multiple Choice

How much explicit tax would Curtis incur on interest earned on the Initech, Inc. bond?


A) $16,200
B) $6,300
C) $4,900
D) $12,600
E) None of these

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