Suppose you save a particular amount of money in a bank. The nominal interest rate offered is 8 percent, the expected inflation rate is 4 percent, and your income tax rate is 20 percent. Calculate your after-tax real interest rate. Most of the time it is quite difficult to separate the three functions of money. Moncy always performs its three functions, but sometimes we can stress one. For each of the following situations, identify which function of money is emphasized. a. Microsoft paid their employee, Brooke, for performing her daily tasks at the office. b. Maria is currently pregnant. She expects her expenditures to increase in the future and decides to increase the balance in her savings account