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If Nicolai earns an 7 percent after - tax rate of return, $ 1 2 , 5 0 0 today would be worth how much

If Nicolai earns an 7 percent after-tax rate of return, $12,500 today would be worth how much to Nicolai in five years? Use future value of $1.
Note: Round discount factor(s) to four decimal places.
Multiple Choice
$12,500
$8,920
$11,683
$13,375
None of the choices are correct.
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