Question
Calculate after tax salary of $53,000 (Tax rate is 26%) = 39,220 Calculate present value (use below formula) of bens after-tax salary. The after tax
Calculate after tax salary of $53,000 (Tax rate is 26%) = 39,220
Calculate present value (use below formula) of bens after-tax salary. The after tax salary will grow (g) 3 % per year
PV = C {1- [ (1+ g)/ (1+ r) ]^ t }
(r - g )
c = after tax salary, g =3%, t = 38 years (^t = power of t), r= (discount rate) =5.5%
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
1137523972, 978-1137523976
