Easy macroeconomics question plz?

You put money in a bank account, earning a real interest of 6%, inflation = 2%, marginal tax rate = 20%. Whats the after tax real interest rate?

A. 4.8%

B. 3.2%

C. 2.8%

D. None of the above

Thanks!!!

Easy macroeconomics question plz?sba loans

The answer shall be A. 4.8%. I did all the calculations...should be correct!!!!

hope this helps

Easy macroeconomics question plz?

loan

I%26#039;ll give you a hint. Inflation is irrelevant when you are dealing with real rates. Real rate implies that it has been adjusted for inflation.

So, you gain 6% on your money and pay 20% of that gain in taxes. Whats left over? 80% of 6% which is....