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What is the benefit for an investor if she can invest in a taxdeferred savings plan (e.g., life insurance policies) versus investing in a nontaxdeferred

What is the benefit for an investor if she can invest in a taxdeferred savings plan (e.g., life insurance policies) versus investing in a nontaxdeferred savings plan. The investment (i.e. premium payment) is $1,000. Before-tax rate of return is 10 percent. The marginal tax rate the investor faces is 25 percent. The investment period is 15 years. (Round to the nearest dollar when calculating your answer.) (1 Point)

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