Question Future value of five years 8% = 1.469

NET INCOME IS NOT GIVEN, SO WE HAVE TO ASSUME THAT FULL AMOUNT \$1000 WILL TAKEN AS DONATION AMOUNT

a. TAX SAVING = 20.5% X 1000 = 205

b . FUTURE VALUE OF TAX SAVINGS = 205 X 1.469 = 301.15 (THUMBS UP PLEASE)

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