Question regarding rate of interest
Fifteen years ago, John set aside $100,000 in case of a financial emergency. Today, that account has increased in value to $257,184. What rate of interest is the he earning on this money
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How much tax can be saved if John shifts $1,900 of income to his 18 year old dependent son? John is in the 25 percent tax bracket and his son has no other taxable income in 2012.
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