1 an investment fund has 10000 and yields 6 interest, Ask an Expert

Finance

1. An investment fund has $10,000 and yields 6% interest annually. How many years will it take for the fund to grow by five times?

2. Corporation Growth has $92000 in taxable income. Suppose Corporation Growth has identified a new project that will increase taxable income by $25000. How much in additional taxes will Corporation GrowthMarginal Tax Rates pay?

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Financial Management, Finance

Category:- Financial Management
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