Question

 Judy has recently begun an annual investment in her​ employer-sponsored retirement​ plan, investing $4,848 per year....

 Judy has recently begun an annual investment in her​ employer-sponsored retirement​ plan, investing $4,848

per year. Judy believes that another benefit of investing the extra $4,848

in her​ employer-sponsored retirement plan is the tax savings. Judy is in a 25​%

marginal tax bracket. How much will investing in this manner save her in taxes​ annually? Assuming she remains in a 25​%

marginal tax bracket until she​ retires, how much will it save her in total over the next 10 ​years, ignoring the time value of the tax​ savings?

​Judy's annual tax savings is ​$. __________​(Round to the nearest​ dollar.)

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Judy has recently, begun an annual investment em heremployer - sponsored retirement plan, investing $4848 per yead Jody belie

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