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Peter is a 20-year old college student who is claimed as a dependent on his parents' tax return.Peter's AGI consists of $12,000 interest and dividend income from a trust fund and $4,180 of wages from a part-time job.Compute Peter's maximum IRA contribution:
Chassis Electrical System
The network of electrical components and wiring in a vehicle's chassis that powers lights, sensors, and other accessories.
High Compression Engines
Engines designed with a higher compression ratio than standard, increasing efficiency and power output.
Rectifier
An electrical device that converts alternating current (AC) to direct current (DC), used in various power supply applications.
Voltage Regulator
A system that automatically maintains a constant voltage level, typically used in electrical power supply systems.
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