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The Formula for the After-Tax Accumulation (ATA)for the Exempt Model

Question 19

Multiple Choice

The formula for the after-tax accumulation (ATA) for the Exempt Model is

A) ATA = AT$ (1 - t) ⁿ.
B) ATA = AT$ (1 + t) ⁿ.
C) ATA = AT$ (1 + R) ⁿ.
D) ATA = AT$ (1 - R) ⁿ.

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