You Put Money in an Account and Earn a Real

question 159

Multiple Choice

You put money in an account and earn a real interest rate of 10 percent, inflation is 3 percent, and your marginal tax rate is 40 percent. Which of the following is your after-tax real rate of interest?

• A)4.8 percent
• B)3.2 percent
• C)2.8 percent
• D)1.8 percent

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Neutral Reader

Someone who reads or reviews content without any prior biases or expectations, offering impartial feedback.

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A written document accompanying a job application, introducing the applicant and summarizing their suitability for the position.