WolfGangJasper68891 WolfGangJasper68891
  • 16-01-2024
  • Business
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If Julius has a 20% tax rate and a 10% after-tax rate of return, how much tax, in today's dollars, will $25,000 of income in three years cost him (rounded to 3 places)?
a) $3,755
b) $18,775
c) $5,000
d) $25,000

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