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If the Initial Margin Is $5,000,the Maintenance Margin Is $3,500

question 21

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If the initial margin is $5,000,the maintenance margin is $3,500 and your balance is $4,000,how much must you deposit?


Definitions:

Personal Income Tax

a tax levied on the income of individuals or households, typically at a progressive rate.

Dependent Children

Individuals, typically under the age of 18, who rely on their parents or guardians for financial support and care.

GDP

Gross Domestic Product, the total market value of all finished goods and services produced within a country in a specific time period.

Government Sector

The part of the economy that is controlled by the state, including all government agencies and entities at the federal, state, and local levels.

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