Josh earned $82,500 in taxable income, all from wages and interest, and files an individual tax return. What is the amount of Josh's taxes for the year 2015? Round to the nearest dollar
A) $13,750
B) $16,481
C) $18,425
D) $12,285
Answer: B
Business
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A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The rate for a one-year loan beginning in one year is closest to:
A. 4.5%. B. 5.0%. C. 6.0%.
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If a lender accepts a deed in lieu of foreclosure from a trustor, the lender:
A: Must also receive a power of sale from the trustor; B: Will own the property free and clear of any other loans; C: Must go to court and get a deficiency judgment; D: Will assume any junior liens.
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