You put money into an account that earns a 5 percent nominal interest rate. The inflation rate is 2 percent, and your marginal tax rate is 40 percent. What is your after-tax real rate of interest
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Home » Business » You put money into an account that earns a 5 percent nominal interest rate. The inflation rate is 2 percent, and your marginal tax rate is 40 percent. What is your after-tax real rate of interest