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Nicholas earned 13.5% in his savings account If he is in the 31% tax bracket, what is his after-tax savings rate of return? (Round your

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Nicholas earned 13.5% in his savings account If he is in the 31% tax bracket, what is his after-tax savings rate of return? (Round your answer to 2 decimals.) Multiple Choice 9.329 3.38% 9.32% 3.38% 4.86% 13.50% 31.00%

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