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assuming a 1-year, money market account investment at 4.68 percent (apy), a 2.72% inflation rate, a 28 percent marginal tax bracket, and a constant $70,000
assuming a 1-year, money market account investment at 4.68 percent (apy), a 2.72% inflation rate, a 28 percent marginal tax bracket, and a constant $70,000 balance, calculate the after-tax rate of return, the real return and the total monetary return. what are the implications of this redult for cash management decisions?
Assuming a 1-year, money market account investment at 4.68 percent (apy), a 28 percent marginal tax bracket, and a constant $70,000 balance the after-tax of return is ___% (round to two decimal places)
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