You are considering an MMMF. The fund is taxable and pays 8.5% interest. If your top federal tax bracket is 25% and you live in a state that doesn't impose income taxes, what after-tax return would you realize from this investment? Select one: a. 2.13% b. 7.44% c. 6.38% d. 8.25%

Option C is correct

Explanation:

Given data:

Rate of interest given: 8.5%, top federal tax bracket = 25%,  

The following formula will be used in order to calculate the after tax-return  

After tax return = Interest * (1- tax rate)

= 8.5 * (1-0.25)  

= 6.38%

Therefore, from the given options, C option will be the correct one.

(after tax-return is the return which is calculated on the profits that has been realized by an business organization and after subtracting the taxes that has been due)

answer; /// the best answer to the above question is; the main economic goal that a society consider when deciding the best way to distribute its wealth is equity, this to ensure that all resources are equally distributed; ///(a) (economic equity)

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.