Question
If Nicolai earns an 8 percent after-tax rate of return, $16,500 today would be worth how much to Nicolai in five years? Use future value
If Nicolai earns an 8 percent after-tax rate of return, $16,500 today would be worth how much to Nicolai in five years? Use future value of $1. (Round discount factor(s) to four decimal places.)
| $15,279. | ||
| $11,238. | ||
| $17,820. | ||
| $16,500. | ||
| None of the choices are correct. |
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Statistical Techniques For Analytical Review In Auditing
Authors: Kenneth W. Stringer, Trevor R. Stewart
1st Edition
047186076X, 978-0471860761
