Constant $30,000 balance, the after-tax rate of return is

Reference no: EM133377380

Question: Assuming a 1-year, money market account investment at 4.79 percent (APY), a 2.92 percent inflation rate, a 33 percent marginal tax bracket, and a constant $30,000 balance, calculate the after-tax rate of return, the real rate of return, and the total monetary return. What are the implications of this result for cash management decisions? Assuming a 1-year, money market account investment at 4.79% (APY), a 33% marginal tax bracket, and a constant $30,000 balance, the after-tax rate of return is?

Reference no: EM133377380

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