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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Rachel invests $5,000 in a money market account which earns a 4% before-tax return. Rachel has a 20% marginal tax rate. Rachel makes the one-time investment and leaves the funds in the account for 10 years. She allows all after-tax earnings to remain in the account. What is her after-tax accumulation after 10 years?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
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7 years ago
Thank you so much
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