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If Julius has a 30% tax rate and a 5% after-tax rate of return, $50,500 of income in three years will cost him how much
If Julius has a 30% tax rate and a 5% after-tax rate of return, $50,500 of income in three years will cost him how much tax in today's dollars? (round present and future value amounts to 3 places)
Note: Please show your work, not just the solution.
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