4. Calculating Sales Fees. Bill Matthews invested $7,700 in the John Hancock Government Income fund. The fund

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4. Calculating Sales Fees. Bill Matthews invested $7,700 in the John Hancock Government Income fund. The fund charges a 4.50 percent commission when shares are purchased. Calculate the amount of commission Bill 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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