Question: QUESTION 16 At the most, you should only keep purchase records of the actual dolar cost of your investments a TRUE O FALSE QUESTION 17

QUESTION 16 At the most, you should only keep purchase records of the actual dolar cost of your investments a TRUE O FALSE QUESTION 17 To calculate the time value of money, we need to consider all except the O a Payments b Annual interest rate oc Length of time the money is invested d.Type of investment Principal QUESTION 18 The IRS has made online fling free for millions of taxpayers through the Free File Alliance O a. TRUE FALSE QUESTION 19 Tanya received a $1,000 loan from the bank for a vacation. The bank is using the simple interest formula for this one year 7 percent loan. What is her total inforest? O a $7 O 1.835 O $70 d.$350 O $1,007 QUESTION 20 A tax credit has a ful dollar effect in lowering taxes OS TRUE O FALSE

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