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Calculate the after-tax rate of return

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Question - 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: EM132856691

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