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Tiffany Scott puts $25,000 into a load mutual fund. She knows that her up-front sales charge is 2.5%. How much of her money actually goes
Tiffany Scott puts $25,000 into a load mutual fund. She knows that her up-front sales charge is 2.5%. How much of her money actually goes to buy shares in the mutual fund?
Multiple Choice
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$25,625
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$25,000
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$625
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$24,375
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$6.25
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