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Internet Message Format  |  1992-12-16  |  741 b 
  1. Path: sparky!uunet!stanford.edu!unix!nova.sarnoff.com!vhyaduck!jms
  2. From: jms@vision.sarnoff.com (Jerry Shapiro x2420)
  3. Newsgroups: misc.consumers
  4. Subject: Re: Dumb finance question?
  5. Message-ID: <1992Dec16.151415.8908@nova.sarnoff.com>
  6. Date: 16 Dec 92 15:14:15 GMT
  7. References: <1992Dec16.013919.5753@acheron.uucp>
  8. Sender: news@nova.sarnoff.com
  9. Reply-To: jms@vision.sarnoff.com
  10. Organization: David Sarnoff Research Center
  11. Lines: 6
  12. Nntp-Posting-Host: vhyaduck
  13.  
  14. In after tax dollars, assuming the 28% tax bracket, its more like
  15. (1-0.28) x 10% or 7.2%. You will pay less interest that you can write off.
  16. Still its not bad today, but remember, there is no liquidity. You can't get it back
  17. *easily* if you find that you later need the money.
  18.  
  19. Jerry
  20.