Bill Matthews invested $12,500 in the Washington Mutual fund. The fund charges a 5.75 percent commission when

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Bill Matthews invested $12,500 in the Washington Mutual fund. The fund charges a 5.75 percent commission when shares are purchased. Calculate the amount of commission Bill must pay.

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Personal Finance

ISBN: 978-1259720680

12th edition

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

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Question Posted: May 30, 2018 05:38 AM

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Bill Matthews invested $12,500 in the Washington Mutual fund. The fund charges a 5.75 percent commission when

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Mr Matthews must pay 71875 for commissions a...View the full answer

Personal Finance

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