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Bill Matthews invested $15,400 in the John Hancock Government Income fund. The fund charges a 5.60 percent commission when shares are purchased. Calculate the amount
Bill Matthews invested $15,400 in the John Hancock Government Income fund. The fund charges a 5.60 percent commission when shares are purchased. Calculate the amount of commission Bill must pay.(Round your answer to 2 decimal places.) |
Amount of commission | $ |
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