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If Nicolai earns an 8% after-tax rate of return, $20,000 today would be worth how much to Nicolai in 5 years? Use Future value of $1. (Round present and future value factor(s) to 5 decimal places.)
Premise
A statement or proposition from which another is inferred or follows as a conclusion.
Conclusion
The final part of something, such as an argument or a research paper, summarizing the findings or restating the main point.
Arrow
A graphical symbol or object used to point or indicate direction, typically found in diagrams, signs, or instructions.
Independent Premises
Statements in an argument that support a conclusion in a way that they do not rely on one another for validity.
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