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If Scott Earns a 12% After-Tax Rate of Return,$15,000 Today

Question 19

Multiple Choice

If Scott earns a 12% after-tax rate of return,$15,000 today would be worth how much to Scott in 2 years? Future value of $1.(Round present and future value factor(s) to 5 decimal places.)


A) $15,000.
B) $11,955.
C) $18,520.
D) $18,816.
E) None of the choices are correct.

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