Question
Jane Tong invested $21,500 in the ADA Diversified Futures Mutual Fund. The fund charges a 5.0 percent commission when shares are purchased. Calculate the amount
Jane Tong invested $21,500 in the ADA Diversified Futures Mutual Fund. The fund charges a 5.0 percent commission when shares are purchased. Calculate the amount of commission Jane must pay. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)
Commission to be paid $
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The Financial Services Marketing Handbook
Authors: Evelyn Ehrlich
2nd Edition
1118065719, 978-1118065716
