You have the income of $83,500 this year. The market rate is 6% pa. There is...
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You have the income of $83,500 this year. The market rate is 6% pa. There is also another investment opportunity which costs $35,000 today and offers $38,800 next year. Under these circumstances, if the maximum consumption you can achieve next year is what is the maximum consumption you can achieve next year is $185,500, what is the expected next year income? $95,750 $94,875 $95,290 $96,275 $96,635 You have the income of $83,500 this year. The market rate is 6% pa. There is also another investment opportunity which costs $35,000 today and offers $38,800 next year. Under these circumstances, if the maximum consumption you can achieve next year is what is the maximum consumption you can achieve next year is $185,500, what is the expected next year income? $95,750 $94,875 $95,290 $96,275 $96,635
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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