Multiple Choice
If Scott earns a 12 percent after-tax rate of return, $15,000 today would be worth how much to Scott in two years? Use future value of $1.(Round discount factor(s) to five decimal places.)
A) $15,000
B) $11,955
C) $18,520
D) $18,816
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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