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The Anderson Balanced mutual fund charges a sales load of 4.75 percent. If you invest $30000, how much of your investment will actually be used

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The Anderson Balanced mutual fund charges a sales load of 4.75 percent. If you invest $30000, how much of your investment will actually be used to purchase shares in the fund? Do not round your intermediate calculations. Round your final answer to 2 decimal places. Do not include the comma and "$" sign in your response Your

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