View the step-by-step solution to:

If you earn 10% per year on your investments, but pay 35% in taxes on all of your investment returns, then what is your annual after-tax return?

If you earn 10% per year on your investments, but pay 35% in taxes on all of your investment returns, then what is your annual after-tax return?  

Top Answer

10% per year is earned on investment. This... View the full answer

1 comment
  • Investment return =10% Tax 35% After Tax return =10%(1-0.35)=10%*0.65=6.5% =0.0650 So after tax return as per the required input format =0.0650
    • profsmiles2
    • Jul 20, 2016 at 11:17am

Sign up to view the full answer

Other Answers

10% per year is earned on investment. This... View the full answer

Investment return =10% Tax 35% After Tax return... View the full answer

10% per year is earned on investment. This earning... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online