PERSONAL FINANCE (LL)
PERSONAL FINANCE (LL)
13th Edition
ISBN: 9781337885942
Author: GARMAN
Publisher: CENGAGE L
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Chapter 1.5, Problem 3CC
Summary Introduction

To Create: Math example why employee participate in a tax sheltered program have benefit in tax.

Concept Introduction: Tax sheltered investment are the investments which helps a person to save tax. These investment is reduces from the income of person while calculating taxable income. Many types tax sheltered investment like retirement plans investment or municipal bonds etc.

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