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If Nicolai earns an 9% after-tax rate of return, $10,000 today would be worth how much to Nicolai in 5 years? Future value of $1.
If Nicolai earns an 9% after-tax rate of return, $10,000 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
$10,000.
$6,507.
$9,175.
$10,900.
None of the choices are correct.
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