Each tile provides an investor’s tax bracket along with the tax-free yield of a bond the investor purchased. Use the formula to determine the taxable equivalent yields of the investments, and then order the investments from least to greatest return. taxable equivalent yield = 

tax bracket: 18%
tax-free yield: 3%

tax bracket: 24%
tax-free yield: 6%

tax bracket: 32%
tax-free yield: 3%

tax bracket: 22%
tax-free yield: 5%

tax bracket: 32%
tax-free yield: 4%