Betty and James Holloway invested $71,000 in the Financial Vision Social Responsibility fund. The management fee for

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Betty and James Holloway invested $71,000 in the Financial Vision Social Responsibility fund. The management fee for this fund is 0.60 percent of the total asset value. Calculate the management fee the Holloways must pay.

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 22, 2018 08:41 AM

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Betty and James Holloway invested $71,000 in the Financial Vision Social Responsibility fund. The management fee for

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Focus On Personal Finance

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