Assuming a 1-year, money market account investment at 4.97 percent (APY), a 2.96% inflation rate, a 28 percent marginal tax bracket, and a constant $50,000 balance, calculate the after-tax rate of return, the real return, and the total monetary return. What are the implications of this result for cash management decisions? ...... Assuming a 1-year, money market account investment at 4.97 percent (APY), a 28 percent marginal tax bracket, and a constant $50,000 balance the after-tax rate of return is %. (Round to two decimal places.)
Assuming a 1-year, money market account investment at 4.97 percent (APY), a 2.96% inflation rate, a 28 percent marginal tax bracket, and a constant $50,000 balance, calculate the after-tax rate of return, the real return, and the total monetary return. What are the implications of this result for cash management decisions? ...... Assuming a 1-year, money market account investment at 4.97 percent (APY), a 28 percent marginal tax bracket, and a constant $50,000 balance the after-tax rate of return is %. (Round to two decimal places.)
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