If a person in a 32 percent tax bracket makes a deposit of $5,000 to a tax-deferred

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If a person in a 32 percent tax bracket makes a deposit of $5,000 to a tax-deferred retirement account, what amount would be saved on current taxes?

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Jun 02, 2022 08:25 AM

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If a person in a 32 percent tax bracket makes a deposit of $5,000 to a tax-deferred

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