14. Calculating Administrative Fees. Your variable annuity charges administrative fees at an annual rate of 0.15 percent

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14. Calculating Administrative Fees. Your variable annuity charges administrative fees at an annual rate of 0.15 percent of account value. Your average account value during the year is $50,000. What is the administrative fee for the year? (Obj. 6)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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Question Posted: Jul 25, 2024 04:02 AM

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14. Calculating Administrative Fees. Your variable annuity charges administrative fees at an annual rate of 0.15 percent

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Personal Finance

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