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If Nicolai Earns an 8% After-Tax Rate of Return, $20,000

Question 34

Multiple Choice

If Nicolai earns an 8% after-tax rate of return, $20,000 today would be worth how much to Nicolai in 5 years?

A) $20,000
B) $13,620
C) $18,520
D) $21,600
E) None of these

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