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If the Inflation Rate Was 10%, and the Tax Rate

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If the inflation rate was 10%, and the tax rate was 25%, and you deposited money in a bank account that paid 14%, what is after tax real interest rate? Show you work.


Definitions:

Taxa

Categories used in the classification of organisms, organized in a hierarchical system.

Inclusive

An approach or policy that ensures all people have equal access, opportunities, and are fully integrated into any activities without facing discrimination or barriers.

Molecular Evidence

Information derived from molecular biology, such as DNA sequences, that is used to support hypotheses in fields like evolutionary biology and phylogenetics.

Shared Genes

Genetic elements that are common or identical among different organisms, indicating a degree of genetic relatedness or evolutionary history.

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