Question: On December 3 0 , you make a $ 3 , 3 0 0 charitable donation. If you are in the 3 5 percent tax

On December 30, you make a $3,300 charitable donation.
If you are in the 35 percent tax bracket, how much will you save in taxes for the current year?
If you deposit that tax savings in a savings account for the next 7 years at 9 percent, what will be the future value of that account?

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