If Scott Earns a 12% After-Tax Rate of Return, $15,000

question 24

Multiple Choice

If Scott earns a 12% after-tax rate of return, $15,000 today would be worth how much to Scott in 2 years? (round present and future value amounts to 3 places)

• A) $15,000.
• B) $11,955.
• C) $18,520.
• D) $18,816.
• E) None of these.

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