Question
Assume the average management cost per account per year is $200 and the average fees earned per account per year is $170. The average annual
Assume the average management cost per account per year is $200 and the average fees earned per account per year is $170. The average annual size of account is $1800. What is the average implicit interest rate (round to two decimals)? Select one: a. -1.67% b. 15% c. 4.86% d. 1.67%
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Top Accounting And Auditing Issues For 2023
Authors: CCH Tax Law Editors
1st Edition
0808059335, 978-0808059332
