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Investor V has $100,000 in an investment paying 9% taxable interest per annum. Each year V incurs $825 of expenses relating to this investment. Compute

Investor V has $100,000 in an investment paying 9% taxable interest per annum. Each year V incurs $825 of expenses relating to this investment. Compute V's annual net cash flow assuming V's marginal tax rate is 10% and the annual expense is not deductible

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