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Suppose the 8 percent investment of the previous problem is taxable rather than tax-deferred. What will be the after-tax value of her $10,000 investment after
Suppose the 8 percent investment of the previous problem is taxable rather than tax-deferred. What will be the after-tax value of her $10,000 investment after 5 years (assuming annual compounding) assuming she is subject to a 20% capital gains tax?
$10000 | ||
$13754.40 | ||
$14683 | ||
$9000 |
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