3. Calculating Sales Fees. Jan Throng invested $22,000 in the Invesco Charter mutual fund. The fund charges

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3. Calculating Sales Fees. Jan Throng invested $22,000 in the Invesco Charter mutual fund. The fund charges a 5.50 percent commission when shares are purchased. Calculate the amount of commission Jan must pay. (Obj. 1)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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