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RideAnS [48]
4 years ago
10

Kim wants to invest in Beta Company’s crowdfunding equity fund. In the current 12-month period, Kim has invested $25,000 in othe

r equity funds registered under Regulation Crowdfunding. Her annual income is $900,000, and her net worth is $1,500,000. How much can she invest in Beta’s crowdfunding equity fund
Business
1 answer:
iren [92.7K]4 years ago
6 0

Answer:

$65,000

Explanation:

According to Regulation Crowdfunding, an individual can invest 10% of their annual income across all crowdfunding offerings in a 12-month period.

Kim's annual income = $900,000

Kim's investing limit on crowdfunding offerings = $900,000

Since Kim haad already invested $25,000 in another offering, she can only invest $65,000 in Beta's crowdfunding (= $90,000 - $25,000).

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