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I invest $ 2 5 0 , 0 0 0 in a mutual fund that charges a 3 . 2 % back - end load

I invest $250,000 in a mutual fund that charges a 3.2% back-end load fee. The assets in this fund earn a return of 11.2% annually. After twenty years, I sell my shares. How much money will I have after selling?

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