I\'m experiencing some personal trouble and cannot efficiently get important ass

Question

I'm experiencing some personal trouble and cannot efficiently get important assignments done. I'm a top student, but at this point the threat of failure is looming and very real. Please, anyone be kind enough to provide a helpful, thorough explanation or solution. I'm immensely grateful to anyone who gives their time and mind. (THE QUESTION BELOW)

Q. You buy a certificate of deposit (CD) that pays a nominal rate of 12% annually. You
have a tax rate of 25%, so if the interest on this CD is taxable (which it may not be)
your after-tax nominal rate is (1 ? 25%)

Explanation / Answer

Hi, If you like my answer, please rate my answer first and according to my answer...that way only I can earn points. Thanks A. Real interest rate = (1 +12%) / (1 + 6%) -1=5.66% B. Real interest rate = (1 +9%) / (1 + 6%) -1=2.83% C. It reduces the real interest rate. D. Real interest rate on the CD = 1.24 / 1.18 -1= 5.08% E. After tax rate = 24%*(1-25%) = 18% Real interest rate 1.18/1.18 -1 = 0%

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