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Your client has $105,000 in an account that is expected to earn 8.5%/year. Your client has a 32% combined Federal and State effective tax rate.
Your client has $105,000 in an account that is expected to earn 8.5%/year. Your client has a 32% combined Federal and State effective tax rate. Assuming all growth is taxed annually at the client's effective rate, how much is the client expected to have after 9 years?
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