Additional taxes will corporation growthmarginal tax rates

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1. An investment fund has $10,000 and yields 6% interest annually. How many years will it take for the fund to grow by five times?

2. Corporation Growth has $92000 in taxable income. Suppose Corporation Growth has identified a new project that will increase taxable income by $25000. How much in additional taxes will Corporation GrowthMarginal Tax Rates pay?

Reference no: EM131957945

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