Sherry, who is 52 years of age, opened a roth ira three years ago. she has contributed a total of $14,400 to the roth ira ($4,800 a year). the current value of the roth ira is $20,900. in the current year, sherry withdraws $18,600 of the account balance to purchase a car. assuming sherry's marginal tax rate is 24 percent, how much of the $18,600 withdrawal will she retain after taxes to fund her car purchase?

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.