As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest
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As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the Franklin Utilities Fund. If he invests $25,000 and the fund charges a load of 3.75 percent when shares are purchased, what is the amount of commission Bart must pay?
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Focus On Personal Finance
ISBN: 9781265521974
7th Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
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