Mathematics, 13.10.2020 14:01, payloo

Sally, an investor, purchases 3,000 shares in company X at $1.75 per share. After purchasing the shares the share price increases to $2.25 per share, after which Sally decides to sell her shares. Sally is required to pay 25% tax on all profits that she makes from the sale of the shares (called Capital Gains tax). Calculate the amount of tax that Sally must pay. Give your answer to the nearest dollar

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Sally, an investor, purchases 3,000 shares in company X at $1.75 per share. After purchasing the sha...