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Required information [ The following information applies to the questions displayed below. ] In 2 0 2 3 , Nina contributes 1 1 percent of
Required information
The following information applies to the questions displayed below.
In Nina contributes percent of her $ annual salary to her account. She expects to earn a percent
beforetax rate of return. Assume she leaves the funds in the account until she retires in years when she receives a
distribution of the contribution and its associated earnings. What would be the aftertax proceeds of the distribution?
Note: Round your intermediate calculations and final answers to the nearest whole dollar amount.
a Assume Nina's marginal tax rate at retirement is percent.
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