If Nicolal earns an 9 percent after-tax rate of return, $6,500 today would be worth how much to Nicolai in five years? Use future valueNote: Round discount factor(s) to four decimal places.Multiple ChoiceOOO$6,500$4,233$5,964$7,085None of the choices are correct. FUTURE VALUE OF $1Rate per annumYear 1%2% 3%4%5% -6% 7% 8%9% 10% 11% 12%21 1.0100 1.0200 1.0300 1.0400| 1.0500 1.0600 1.0700 1.0800 1.0900 1.1000 1.1100 1.12002.0100 1.0404 1.0609 1.0816 1.1025 1.1236 1.1449 1.1664 1.1881 1.2100 1.2321 1.25443 3.0100 1.0612 1.0927 1.1249 1.1576 1,1910 1.2250 1.2597 1.2950 1.3310 1.3676 1.4049+ 4.0100 1.0824 1.1255 1.1699 1.2155 1.2625 1.3108 1.3605 1.4116 1.4641 1.5181 1.57355.0100 1.1041 1.1593 1.2167 1.2763 1.3382 1.4026 1.4693 1.5386 1.6105 1.6851 1.76231.1262 1.1941 1.2653 1.3401 1.4185 1.5007 1.5869 1.6771 1.7716 1.8704 1.97381.1487 1.2299 1.3159 1.4071 1.5036 1.6058 1.7138 1.8280 1.9487 2.0762 2.21071.4775 1.5938 1.7182 1.8509 1.9926 2.1436 2.3045 2.4760566.01007.0100788.01009 9.0100 1.1951 1.304810.0100 | 1.2190| 1.343910111.1717 1.2668 1.36861.4233 1.5513 1.6895 1.8385 1.9990 2.1719 2.3579 2.5580 2.77311.4802 1.6289 1.7908 1.9672 2.1589 2.3674 2.5937 2.8394 3.105811.0100 1.2434 1.3842 1.5395 1.7103 1.8983 2.1049 2.3316 2.5804 2.8531 3.1518 3.478512 12.0100 1.2682 1.4258 1.6010 1.7959 2.0122 2.2522 2.5182 2.8127 3.1384 3.4985 3.896013 13.0100 1.2936 1.4685 1.6651 1.8856 2.1329 2.4098 2.7196 3.0658 3.4523 3.8833 4.363514 14.0100 1.3195 1.5126 1.7317 1.9799 2.2609 2.5785 2.9372 3.3417 3.7975 4.3104 4.887115 15.0100 1.3459 1.5580 1.8009 2.0789 2.3966 2.7590 3.1722 3.6425 4.1772 4.7846 5.473616 16.0100 1.3728 1.6047 1.8730 2.1829 2.5404 2.9522 3.4259 3.9703 4.5950 5.3109 6.130417 17.0100 1.4002 1.6528 1.9479 2.2920 2.6928 3.1588 3.7000 4.3276 5.0545 5.8951 6.866018 18.0100 1.4282 1.7024 2.0258 2.4066 2.8543 3.3799 3.9960 4.7171 5.5599 6.5436 7.690019 19.0100 1.4568 1.7535 2.1068 2.5270 3.0256 3.6165 4.3157 5.1417 6.1159 7.2633 8.612820 20.0100 1.4859 1.8061 2.1911 2.6533 3.2071 3.8697 4.6610 5.6044 6.7275 8.0623 9.6463MADONNA

In accounting, future value refers to the value of an asset or investment at a future point in time,…

Answered: If Nicolal earns an 9 percent after-tax…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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If Nicolal earns an 9 percent after-tax rate of return, $6,500 today would be worth how much to Nicolai in five years? Use future valu Note: Round discount factor(s) to four decimal places. Multiple Choice O $6,500 $4,233 $5,964 $7,085 None of the choices are correct.