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ON You have $56,150 to invest. If you invest in a mutual fund that follows an index, you will pay 1.4% in load (when you

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ON You have $56,150 to invest. If you invest in a mutual fund that follows an index, you will pay 1.4% in load (when you buy) and 0.4% in yearly charges. If the index were to produce a return of 5.3%, how much will it be the overall cost of holding the mutual fund (relative to investing directly in the index) over the course of 14 years Include the transaction cost

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