Suppose you have 50000 to invest today if you can earn a 12


Suppose you have $50,000 to invest today. If you can earn a 12 percent return and no additional annual savings, how much will you have in 20 years?

Now, assume that your marginal tax rate is 27.5 percent. How much will you have at this tax rate?

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Financial Management: Suppose you have 50000 to invest today if you can earn a 12
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