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If Nicolai earns an 6% after-tax rate of return, $5,000 today would be worth how much to Nicolai in 5 years? Future value of $1.

If Nicolai earns an 6% after-tax rate of return, $5,000 today would be worth how much to Nicolai in 5 years? Future value of $1. (Round present and future value factor(s) to 5 decimal places.)

Multiple Choice

a) $5,000.

b) $3,744.

c) $4,718.

d) $5,300.

e) None of the choices are correct.

FUTURE VALUE OF \$1

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