Question: What would be your future account value ( after - tax and after - inflation ) if you invested $ 1 7 5 at the

What would be your future account value (after-tax and after-inflation) if you invested $175 at the end of each month into a growth mutual fund for 22 years? Assume a gross annual rate of return of 11.5%. Also assume a marginal tax rate of 15% and an average annual inflation rate of 4.2% over 22 years.

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