Question
Suppose the preceding 8 percent return is taxable rather than tax-deferred and the taxes are paid annually. What will be the after-tax value of her
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Suppose the preceding 8 percent return is taxable rather than tax-deferred and the taxes are paid annually. What will be the after-tax value of her $12,000 investment after 5, 10, and 20 years? Do not round intermediate calculations. Round your answers to the nearest dollar.
in 5 years: $
in 10 years: $
in 20 years: $
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
