Each year the internal revenue service adjusts the value of, Ask an Expert

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Each year the Internal Revenue Service adjusts the value of an exemption based on inflation (and rounds to the near $50)

It the exemption this year was worth $4, 600 and inflation was 1 5 percent, what would the amount of the exemption for the upcoming tax you?

(Round your answer to the nearest $50.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93051228

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