What rate of return did receive on her investment
An investor bought a one-acre lot on the outskirts of a city for $9000 cash. Each year she paid $80 of property taxes . At the end of 4 years, she lost the plot for a net value of $15,000. What rate of return did she receive on her investment?
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Last year she earned $45,000, as a sales assistant for Focused Business Analytics: $3,910 of her wages withheld for federal income taxes. In addition, she had interest income of $142. Estimate her taxable income, tax liability, and tax refund, or
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