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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Ken invests $5,000 in a deductible IRA which he will hold for 10 years. His current tax rate is 30% and he estimates that his tax rate will remain the same upon withdrawal. He will not be subject to then 10% penalty tax. Assume that the IRA will yield a before-tax return of 10%. What is the after-tax accumulation?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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Yoko900Yoko900
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7 years ago
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7 years ago
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