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1. How much must you invest today at 8% interest in order to see your investment grow to $15,000.00 in 10 years?

$7,620.00

$7,500.00

$6,945.00

$6,330.00

2. Which of the following gross income is not taxable income?

health insurance reimbursements

interest income

dividends

tips received

3. An allowable amount which taxpayers can claim for themselves and dependents is called a(n. __________ .

deduction

exemption

exclusion

allowance

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92795981

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