The after-tax return required to accumulate 2 million in 18 years beginning with an investable asset base of 1,235,000 (calculated below) and with annual outflows of 26,000 is 4.427 percent, which when adjusted for the 40 percent tax rate, results in a 7.38 percent pretax return [4.427%/(1 0.40) = 7.38%].
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BTech result of base annual outfits of present tax rate in written
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be taken beginning with vegetable acid base of
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