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Question content area top Part 1 Assuming a 1 - year, money market account investment at 2 . 7 2 percent ( APY ) ,

Question content area top
Part 1
Assuming a1-year, money market account investment at 2.72 percent(APY), a 1.90 percent inflation rate, a 28 percent marginal tax bracket, and a constant $70 comma 000balance, 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?
Question content area bottom
Part 1
Assuming a1-year, money market account investment at 2.72%(APY), a 28% marginal tax bracket, and a constant $ 70 comma 000balance, the after-tax rate of return is

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