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What would be your future account value (after-tax and after-inflation) if you invested $175 each month into a growth mutual fund for 20 years? Assume
What would be your future account value (after-tax and after-inflation) if you invested $175 each month into a growth mutual fund for 20 years? Assume an average annual rate of return of 13 percent. Assume a combined federal and state income tax of 24% and an average inflation rate of 3.8% over the 20-year period. Group of answer choices $56,311.70 $75,452.56 $54,398.23 $79,529.35
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