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Now that you have put enough money into your 401(k) to get the full company match, you are trying to decide where to invest an

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Now that you have put enough money into your 401(k) to get the full company match, you are trying to decide where to invest an additional $2,000 each year. You could either put this additional amount in your 401(k), where the annual fees for your chosen fund are 1.2%, or you can put this amount in a traditional IRA, where the annual fees for a virtually identical fund are 0.2%. Assuming that the funds in both accounts earn 9% (compounded annually) over the next 30 years before fees, and assuming that you continue to put away $2,000 each year for 30 years, how much more money would you have in the IRA versus the 401(k) after 30 years of investing? (Hint: you need to work out both cases separately, and then calculate the difference between the two results.) D Question 10 9 pts Marco contributed $5,470 to his Roth IRA last year. He is in the 10% marginal tax bracket. How much did this contribution reduce his income taxes due for that year? (Enter the number as a non- negative number) D Question 11 9 pts Yeldana has about $10,000 invested in a mutual fund. The fund charges a management fee of 0.76% per year. Assuming that the value of her investment does not change throughout the year, how much! will she have to pay in fees for the year

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