Question

Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years
Anonymous
5900
Anonymous
John Friedman is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate.

(a). What is his after-tax yield (interest rate) on the bonds?