Question

INICIJI UL CUIU TILT The interest that Takerra pays on her student loan is tax deductible. If she pays 8.0% APR interest on t
0 0
Add a comment Improve this question Transcribed image text
Answer #1

After-tax rate =Annual percentage rate*(1-tax rate)

After-tax rate =8%*(1-9%)

After-tax rate =7.28%

Add a comment
Know the answer?
Add Answer to:
INICIJI UL CUIU TILT The interest that Takerra pays on her student loan is tax deductible....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT