Question
Mike Jackson invested a total of $15,600 in the New Colony Pacific Region mutual fund. The management fee for this particular fund is 0.50 percent
Mike Jackson invested a total of $15,600 in the New Colony Pacific Region mutual fund. The management fee for this particular fund is 0.50 percent of the total asset value. Calculate the management fee Mike must pay this year. (Round your answer to 2 decimal places.)
Management fee:
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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
