Business, 16.12.2020 16:30 ZachLaVine2016

You put money into an account and earn an after-tax real interest rate of 2.5 percent. If the nominal interest rate on the account is 8 percent and the inflation rate is 2 percent, then what is the tax rate? a. 28.00 percent
b. 36.25 percent
c. 43.75 percent
d. 67.50 percent

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You put money into an account and earn an after-tax real interest rate of 2.5 percent. If the nomina...