You Put Money into an Account and Earn a Real

question 81

Multiple Choice

You put money into an account and earn a real interest rate of 6 percent.Inflation is 3 percent,and your marginal tax rate is 20 percent.What is your after-tax real rate of interest?

• A)4.8 percent
• B)5.4 percent
• C)7.2 percent
• D)4.2 percent.

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Definitions:

Peptide

Short chains of amino acid monomers linked by peptide (amide) bonds, commonly found in biological organisms.

Peptides

Short chains of amino acid monomers linked by peptide (amide) bonds, playing various roles in biological processes.

Tripeptide

A peptide consisting of three amino acids linked together by peptide bonds, important in various biological processes.

Chymotrypsin

Chymotrypsin is a digestive enzyme that breaks down proteins in the small intestine.