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Sandra receives a divorce settlement of $116,000. Her marginal tax rate is 25 percent, and the capital gains tax rate is 15 percent. How

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Sandra receives a divorce settlement of $116,000. Her marginal tax rate is 25 percent, and the capital gains tax rate is 15 percent. How much will her account be worth in 20 years under each of the following investment scenarios, assuming annual compounding of interest?

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Scenario 1 Sandra invests the entire divorce settlement of 116000 in a savings account with an annua... blur-text-image

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