Question

Hope is a single taxpayer who earns $45,000 per year in taxable income working as a salesperson. She has $200 in long-term capital gains on an investment that cost her $4,250 to purchase. Compute the tax on her investment to determine the after-tax return on investment (ROI).

Answer 1

Answer:

4.71%

Step-by-step explanation:

4,250+ x = 200

x=200/4,250= .0470*100= 4.71%

You can check you answer below:

4,250*0471 = 200