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Assuming an after-tax rate of return of 10 percent, John shouldprefer to pay an expense of $85 today instead of an expense of $100in one
Assuming an after-tax rate of return of 10 percent, John shouldprefer to pay an expense of $85 today instead of an expense of $100in one year.
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
