Implications of result for cash management? decisions

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Assuming a? 1-year, money market account investment at 2.95 percent? (APY), a 1.25?% inflation? rate, a 35 percent 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?

Assuming a? 1-year, money market account investment at 2.95 percent? (APY), a 35 percent marginal tax? bracket, and a constant ?$30,000 balance the? after-tax rate of return is_____?%.

Reference no: EM132379963

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