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Problem #10: A person's savings earns an effective annual rate of return of 14%. Income tax is paid on the interest earned at a rate

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Problem #10: A person's savings earns an effective annual rate of return of 14%. Income tax is paid on the interest earned at a rate of 46%. If the inflation rate is 9% per year, what is the annual after-tax real rate of return? Problem #10: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #10 for Grading Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #10 Attempt #1 Your Answer: Your Mark

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