1) Citizens Bank offers 4.8% (APR) monthly
compound interest on your deposit. If you deposit
$200 today, what is your account balance after 5 years assuming no
withdraw?
2)Use the following corporate tax rate table to answer
the question:
Taxable income
Marginal Tax rate
$ 0
– $ 50,000
15%
$ 50,001 – $ 75,000
25%
$ 75,001 – $100,000
34%
$ 100,001 – $335,000
39%
Honey Donuts reported 2017 taxable income of $250,000.
How much is the firm's tax...