If Jack earns an 8% after-tax rate of return, $10,000 received in three years is worth how
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Question:
- If Jack earns an 8% after-tax rate of return, $10,000 received in three years is worth how much today (rounded)?
A. $10,000
B. $11,664
C. $9,260
D. $8,570
E. $7,940
Related Book For
Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
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