Suppose that you invest 170 per month before taxes for 27, Ask an Expert

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Suppose that you invest $170 per month? (before taxes) for 27 years (324 payments) and the annual interest rate (APR) is 10%, compounded monthly. If your income tax bracket is 22%, what lump sum, after-tax distribution can be taken at the end of 27 ears?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92165266

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