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Molnda investis 5100,000 in a City or Heflin bond that pays 3 percent interest. Atertatively. Melinda could hive invested the $100.000 in a bond recently

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Molnda investis 5100,000 in a City or Heflin bond that pays 3 percent interest. Atertatively. Melinda could hive invested the $100.000 in a bond recently is Surething. Ine. that poys 4 percent inlerest with simslar riak and other nontax chareclaristics in the City of Hofin bond. Assume Melinda's marpinar tax rale is 25 Dersent. How much impliot tax does the pay on the Chay of Hefin bond

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