INCORRECT!
Oops! Almost There!
“If you don’t find a way to make money while you sleep, you will work until you die.” — Warren Buffett (popular paraphrase)
Need A Hint?
Subtract the tax: keep $1,000 × (1 − 0.20) = $800 after 20% tax.
Did You Also Know...
By Quiz Coins
The Rule of 72 gives a quick estimate of how many years it takes to double money: divide 72 by the annual interest rate.