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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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
