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On March 3, 2015, Miranda invests $15,000 into a segregated fund contract with a deferred sales charge (DSC). When Miranda withdraws her funds on May

On March 3, 2015, Miranda invests $15,000 into a segregated fund contract with a deferred sales charge (DSC). When Miranda withdraws her funds on May 7, 2017, the market value of her segregated fund is $16,900. What is the net amount that Miranda will receive from the insurer if the DSC schedule is as shown in the table below? Length of time after premium is paid

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