Investment b offers an annual return of 685 but the returns


Which of the following $20,000 investments is more profitable for you? Investment A offers an annual return of 5.95% and the return is tax free. Investment B offers an annual return of 6.85% but the returns are taxed. You are in the 15% marginal tax bracket.

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Financial Management: Investment b offers an annual return of 685 but the returns
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