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Assuming a one year, money market account investment at 3 . 6 5 % , 8 3 . 1 5 % inflation rate, a 1

Assuming a one year, money market account investment at 3.65%,83.15% inflation rate, a 10% marginal tax bracket, and a constant $40,000 balance, calculate the after tax rate of return, the real rate of return, and the total monetary return. What are the implications of this result for cash management decisions?

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