If Nicolai earns a 10% after-tax rate of return, $14,000 $14,000 today would be worth how much to Nicolai in 5 years? a. $14,000. b. $8,701. c. $12,728. d. $22 547. e. $15,400.

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter7: Tax Credits
Section: Chapter Questions
Problem 7MCQ
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If Nicolai earns a 10% after-tax rate
of return, $14,000
$14,000 today would be
worth how much to Nicolai in 5 years?
a. $14,000.
b. $8,701.
c. $12,728.
d. $22 547.
e. $15,400.
Transcribed Image Text:If Nicolai earns a 10% after-tax rate of return, $14,000 $14,000 today would be worth how much to Nicolai in 5 years? a. $14,000. b. $8,701. c. $12,728. d. $22 547. e. $15,400.
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