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You wish to invest $10,000 in a no-load mutual fund that has an expense ratio of 2.00%. If the fund earns a return of 6.00%,
You wish to invest $10,000 in a no-load mutual fund that has an expense ratio of 2.00%. If the fund earns a return of 6.00%,
(Round your answer to two decimal points, if necessary)
What is your net return in? (Round your answer to a whole number.) $__
What is your net percentage return? (Round your answer to two decimal places.) %__
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