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Timothy Clum is in the 25 percent tax bracket and is considering the tax consequences of investing $2,000 at the end of each year for
Timothy Clum is in the 25 percent tax bracket and is considering the tax consequences of investing $2,000 at the end of each year for 30 years, assuming the investment earns 8 percent annually.
To calculate the total value of the investment after 30 years, you would multiply the payment amount of $2000 by what? (Find the appropriate multiplier from the appropriate table in the appendix).
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