Factors affecting lifetime financial security results

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Reference no: EM132061213

1. If Olivia is single and in the 25% tax bracket, calculate the tax for the following transaction. She sold bonds for $3,800 that she purchased for $2,500 3 years earlier. Round the answer to the nearest dollar.

a. $195

b. $0

c. $325

d. $130

2. Which of the follwoing factors affecting lifetime financial security results from a person's investment in his or her human capital?

a. percentage of income saved

b. return on investment savings

c. volatility of investment returns

d. income level and income growth rate

Reference no: EM132061213

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