A mutual fund broker receives a commission of 1.25% on all mutual funds he sells for the

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A mutual fund broker receives a commission of 1.25% on all mutual funds he sells for the month. If he sells $560,000 worth of mutual funds to his clients, what is his commission for the month?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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