If Nicolai earns an 6% after-tax rate of return, $5,000 today would be worth how...
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Accounting
If Nicolai earns an 6% after-tax rate of return, $5,000 today would be worth how much to Nicolai in 5 years? Future value of $1. (Round present and future value factor(s) to 5 decimal places.)
Multiple Choice
a) $5,000.
b) $3,744.
c) $4,718.
d) $5,300.
e) None of the choices are correct.
FUTURE VALUE OF \$1
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