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Assuming a 1 - year, money market acc ount investment at 3 . 5 3 percent ( APY ) , a 2 . 3 5

Assuming a1-year, money market acc
ount investment at 3.53 percent(APY), a 2.35 percent inflation rate, a 33 percent marginal tax bracket, and a constant $70 comma 000balance, calculate the after-tax rate of return, the real rate of return, and the total monetary return. What are the implications of this

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