If Lucy earns a 7 percent after-tax rate of return, $13,000 received in four years is worth how much today? Use Exhibit 3.1. Note: Round discount factor(s) to three decimal places. Multiple Choice $13,000 $12,114 $14,419 $9,919 None of the choices are correct. Prev 21 of 25 Next >

If Lucy earns a 7 percent after-tax rate of rehurn, $13,000 recelved in four years is worth how much today? Use Exthibit 31 Note: Round discount factor(s) to three decimal places. Mulwole Choice $13,000 512.114 514419 $9919 Norve of the choices are correct