If Lucy earns a 6% after-tax rate of return, $8,000 received in four years is worth how much today?

If Lucy earns a 6% after-tax rate of return, $8,000 received in four years is worth how much today?

If Lucy earns a 6% after-tax rate of return, $8,000 received in four years is worth how much today?


A. $8,000

B. $7,544

C. $8,989

D. $6,336

E. None of these


Answer: D


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