Question
Jane Tong invested $28,000 in the ADA Diversified Futures Mutual Fund. The fund charges a 5.5 percent commission when shares are purchased. Calculate the amount
Jane Tong invested $28,000 in the ADA Diversified Futures Mutual Fund. The fund charges a 5.5 percent commission when shares are purchased. Calculate the amount of commission Jane must pay. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Commission to be paid $
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
