Historically, the annual real rate of return on common stocks has been approximately 7 percent. At this rate
of return, using the Rule of 70, how long will it take
$10.000 to become $20,000 in terms of real
purchasing power?
• 10 years
• 7 years
• 12 years
• 15 years

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

she will pay the extra amount

answer: i looked it up

explanation: in 1955 in montgomery, alabama, a girl refused to give up her seat on a public bus. the girl was black, and the passenger looking to take her seat was white. this is a familiar tale, but it's not about rosa parks. the girl in the story is a 15-year-old high school student named claudette colvin, and this act of defiance occurred nine months before rosa parks did the same thing. colvin was arrested, and her case is what led to the u.s. supreme court's order for the desegregation of alabama's bus system. so, why don't we know colvin's name? "later i had a child born out of wedlock; i became pregnant when i was 16," colvin says. "and i didn't fit the image either, of, you know, someone they would want to show off.

an early twentieth-century ad for model home blueprints