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Take Home You deposit S5200 at the beginning of every year for 30 years into an investment that earns 95%. At the end of 30
Take Home You deposit S5200 at the beginning of every year for 30 years into an investment that earns 95%. At the end of 30 years you put the investment into an account that earns 3.5%. This account will be used to fund a 25 year annuity. If you take the money out at the end of every year, what is the annual annuity amount you will withdraw yearly for 25 years? 1. ee ete a mutual fund that has a 2.5% front load. During the year the fund paid 2. You invest $10,000 into a mutual fund that has a 2.5% front load. During the year the fund paid distributed (paid out) a dividend of $175 and a capital gain of $1,105. A 12b-1 fee of $40 was charged during the year. The fund was sold at the end of the year for $9,900 and there was a 1% backload. What was your net profit or loss from this investment
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