Opal Earned 6% in Her Savings Account

question 32

Multiple Choice

Opal earned 6% in her savings account.If she is in the 25% tax bracket,what is her after-tax savings rate of return?

• A) 2%
• B) 2.5%
• C) 4.5%
• D) 5%
• E) 25%

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Definitions:

Group Development

The stages and processes that a group undergoes from formation to maturity, facilitating effective collaboration and achieving objectives.

Stages of Orientation

The initial phase in group development where members get to know each other and establish basic expectations about the group and their role within it.

Cohesion

The degree to which members of a group or team are connected and remain united in achieving a common goal.

Attraction

A force that draws individuals together, leading to friendships, romantic relationships, or other forms of social involvement.