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suppose you contribute $16,000 to your 401(k) each year. You are in the 33% tax bracket and your employer matches your contribution $1 for every
suppose you contribute $16,000 to your 401(k) each year. You are in the 33% tax bracket and your employer matches your contribution $1 for every $2 you contribute. You choose to invest in an index fund sponsored by your 401(k) and expect to earn 8.5% during the following year. What rates of return would you have earned on your investment the first year?
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