Calculate the? after-tax rate of? return

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Assuming a? 1-year, money market account investment at 3.56 percent? (APY), a 2.04?% inflation? rate, a 35 percent marginal tax? bracket, and a constant ?$60,000 ?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: EM132775989

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