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Cheryl Is Claimed as a Dependent on Her Parents' Tax

question 59

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Cheryl is claimed as a dependent on her parents' tax return.She had a part-time job during 2014 and earned $4,900 during the year,in addition to $600 of interest income.What is her standard deduction?


Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, widely used in finance to gauge the volatility of an investment.

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Variances of Stocks

Measures of the dispersion of returns for a given stock, used to assess the risk associated with holding the stock.

Return on Stock

The gain or loss on an investment in stock, represented as a percentage of the investment's initial cost.

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