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If Logan invests in a tax shelter investment that provides the ability to deduct $50,000 per year from his income for 6 years, what will
If Logan invests in a tax shelter investment that provides the ability to deduct $50,000 per year from his income for 6 years, what will be the accumulated value of these write offs at the end of 6 years? Assume Logan is in a 32% marginal tax bracket and that Logans required rate of return is 12%.
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