You put money into an account that earns an 8 percent nominal interest rate.The inflation rate is 5 percent,and your marginal tax rate is 10 percent.What is your after-tax real rate of interest?
A)2.2 percent
B)2.7 percent
C)11.7 percent
D)7.7 percent

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The Answer of You put money into an account that earns an 8 percent nominal interest rate.The inflation rate is 5 percent,and your marginal tax rate is 10 percent.What is your after-tax real rate of interest?
A)2.2 percent
B)2.7 percent
C)11.7 percent
D)7.7 percent

You Put Money into an Account That Earns an 8