There are no numerical values included in the question - it needs to be solved for whatever numbers you input in the program
solve in Visual Basic 2015 - from Intro to Visual Basics 2015 10th Edition Chapter 3.2 Exercise 62
Equivalent Interest Rates // Interest earned on municipal bonds from an investor's home state is not taxed, whereas interest earned on CDs is taxed.
Therefor, in order for a CD to earn as much as a municipal bond, the CD must pay a higher interest rate.
How much higher the interest rate must be depends on the investor's tax bracket.
Write a program that allows the user to enter a tax bracket and municipal bond interest rate and then finds the CD interest rate with the same yield. Note: If the tax bracket is expressed as the decimal, then CD interest rate = municipal interest rate/(1-tax bracket)