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Sheena Maskell Sheena Maskell
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7 years ago
Sylvia makes a one-time $2,000 deductible contribution into an IRA account, which will earn 8% annually before taxes. Twenty-five years later, at age 65, she withdraws all of the accumulation from the IRA when she is in the 15% marginal tax bracket. What is the total of her after-tax accumulated proceeds from the IRA?
A) $6,000
B) $8,541
C) $11,642
D) $13,697
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
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MsLippyMsLippy
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