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Assume that the terminal value of an investment is $25,000. This investment has a cost of $45,000 with a marginal tax rate of 15%. This

Assume that the terminal value of an investment is $25,000. This investment has a cost of $45,000 with a marginal tax rate of 15%. This purchase has an annual depreciation of $3,500. What is the after-tax terminal value after 7 years? $24,325 $24,775 $25,075 $25,125

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