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Leroy earned 5.3 percent in her savings account. If she's in the 25% tax bracket, what is her after-tax rate of return on the account?
Leroy earned 5.3 percent in her savings account. If she's in the 25% tax bracket, what is her after-tax rate of return on the account?
A. 4.25%
B. 4.51%
C. 3.54%
D. 3.98%
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Managerial Accounting For Dummies
Authors: Mark P Holtzman, Karen Schoenebeck
1st Edition
1118116429, 978-1118116425
