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Mathematics, 22.04.2020 15:48 icashaypabozp

Joannie is in the 35% tax bracket. She works for a company that matches 50% of employees' contributions to their 401(k)

retirement accounts. Joannie decides to add $2,000 to her account, which she expects to earn an average of 4% annually until

she retires in twenty years.

What is Joannie's return on the investment immediately upon making the deposit?

return on investment:

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Answers: 1

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