ted has $20,000 invested in mutual bonds from the city of L A.these bonds pay an average return of 5.4% what is the after tax return for the current year on this municipal bond?

Answer 1

Tax rates and rules are different for different countries, and states/provinces.

In most countries, tax rates depend on income level, so adds another parameter.

To answer the after-tax part, you need to specify the tax rates.

Answer 2

756