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The Anderson Balanced mutual fund charges a sales load of 5.25 percent. If you invest $25,000, how much of your investment will actually be used

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The Anderson Balanced mutual fund charges a sales load of 5.25 percent. If you invest $25,000, how much of your investment will actually be used to purchase shares in the fund? Select one: O O O a.$20,238.10 b. $23,687.50 c. $24,868.75 d. $25,000.00

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