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Assuming a 1 year, money market account investment at 5.46 % APY, a 2.87% inflation rate, a 35 % marginal tax bracket, and a constant
Assuming a 1 year, money market account investment at 5.46 % APY, a 2.87% inflation rate, a 35 % marginal tax bracket, and a constant $60,000 balance, calculate the agter tax 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 5.46% APY, a 35 percent marginal tax bracket and a constant $60,000 balance the after tax return is?
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