(a)Bradley hates taking risk with his money; “I hate shares and property, I know a lot of people who have lost
(a) Bradley hates taking risk with his money; “I hate shares and property, I know a lot of people who have lost money in those investments”. As a result he will only consider bank guaranteed investments. Bank guaranteed investments are returning 1%. Bradley has a marginal tax rate of 32.5% and pays medicare levy of 2%. Assuming he pays tax at 32.5% plus medicare levy, on the income from […]