. How much cash will Komiko retain, after taxes, if she holds the investment for five years and then sells when the long-term capital gains rate is 25 percent? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)

To calculate the cash Komiko will retain after taxes when selling an investment after five years at the long-term capital gains rate of 25 percent, you need to consider the capital gains tax.

The long-term capital gains tax is applied to the profit made from the investment. It's calculated as the difference between the selling price and the initial purchase price, multiplied by the tax rate.

Let's assume:

Komiko bought an investment for $X initially.

After five years, she sells it for $Y.

The capital gain from this investment would be

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−

�

Y−X. Then, the tax on the capital gains would be 25% of the capital gain.

Therefore, the cash Komiko will retain after taxes would be the selling price minus the capital gains tax:

Capital Gain

=

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−

�

Capital Gain=Y−X

Capital Gains Tax

=

Capital Gain

×

Tax Rate

Capital Gains Tax=Capital Gain×Tax Rate

Cash Retained After Taxes

=

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−

Capital Gains Tax

Cash Retained After Taxes=Y−Capital Gains Tax

For example, if she sold the investment for $Z, the calculation for the retained cash after taxes would be:

Capital Gain

=

�

−

�

Capital Gain=Z−X

Capital Gains Tax

=

Capital Gain

×

0.25

Capital Gains Tax=Capital Gain×0.25

Cash Retained After Taxes

=

�

−

Capital Gains Tax

Cash Retained After Taxes=Z−Capital Gains Tax

You'll need the actual values of the initial purchase price, selling price after five years, and any applicable fees or adjustments to compute the exact amount of cash retained after taxes.