Patrick has successfully invested in a growing tech company. three years ago he invested $10,000 in the company through a broker. now he has decided to sell his stock. the value of his stock is now at $17,000. here are the taxes and fees associated with his investment: annual brokerage fee: $25 state tax: 5% of profit federal tax: 25% of profit inflation rate: 1% per year the state tax patrick must pay on the initial profit is . the federal tax he must pay on the initial profit is . the inflation on the amount remaining after taxes is . as a result, the real value of patrick’s profit is .

$350

$1,750

$147

$4,678

Step-by-step explanation:

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )