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Suppose your investment returns are taxed at a 25% rate.If you invest $100,000 today and expect to earn a rate of return of 7%, what will your
Suppose your investment returns are taxed at a 25% rate. If you invest $100,000 today and expect to earn a rate of return of 7%, what will your investment be worth in 20 years?
a) $320,713
b) $142,874
c) $106,000
d) $278,254
e) $104,200