Ron and Gail are going to invest some of their $$$$ for two years from January 1 2016 to December 31, 2017
Use 2016 rates, etc. for both 2016 and 2017.
Their taxable income without any return is $200,000.
They will invest 55180 for two years...leaving investment to grow for those two years.
seattle municipal bonds paying 2.50% interest.
Show the net return will give in 2017 considering expenses, annual
compounding of interest/appreciation, timing of income and of tax payment, and tax rates. Incorporate 2016 net income and net costs into the answers to see true net return.