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Assuming a 1-year, money market account investment at 1.50 percent (APY), a 2.5% inflation rate, a 28 percent marginal tax bracket, and a constant $50 comma 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?
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Assuming a 1-year, money market account investment at 1.50 percent (APY), a 2.5% inflation rate, a 2...
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