CFP Practice Test 10

10 free CFP practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

CFP Practice Test 10Tutor mode

Question 1 of 10

General Principles of Financial Planning

Joelle holds a 1-year CD yielding 5.0%. Her marginal income tax rate is 24%, the interest is fully taxable, and inflation is expected to be 3.0%. What is her real (inflation-adjusted) after-tax rate of return on the CD?