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A bank account promises 8.3% per year for the following year. The expected inflation is 2.5%, and your marginal tax rate is 20%. What is

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A bank account promises 8.3% per year for the following year. The expected inflation is 2.5%, and your marginal tax rate is 20%. What is your real after-tax rate? Express your answer in percent and round it to 2 decimal places after the comma. E.g.. if you get 0.0245678 , then write down 2.46 (without the percent sign)

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