Calculate the? after-tax rate of? return

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Problem 1: Assuming a? 1-year, money market account investment at 3.91%? (APY), a 3.06?% inflation? rate, a 15% marginal tax? bracket, and a constant ?$30,000 balance, calculate the? after-tax rate of? return, the real return and the total monetary return. What are the implications of this result for cash management? decisions?

Reference no: EM132765060

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