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7. The Anderson Balanced mutual fund charges a sales load of 4.70 percent. If you invest $30,000, how much must you pay in commissions?

7. The Anderson Balanced mutual fund charges a sales load of 4.70 percent. If you invest $30,000, how much must you pay in commissions? 905 Multiple Choice $470 $1.410.00 $470.00 $155.00 $1,455.00

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