INCORRECT!
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“If you don’t find a way to make money while you sleep, you will work until you die.” — Warren Buffett (popular paraphrase)
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Subtract the tax: keep $1,000 × (1 − 0.20) = $800 after 20% tax.
Did You Also Know...
By Quiz Coins
Wells Fargo was founded in 1852 and used stagecoaches to carry gold, mail, and cash across the American West.