Q:Question:In January 2021, Continental Fund Services, Inc., enters into a one-year contract with a client to provide investment advisory services. The company will receive a management fee, prepaid at the beginning of the contract, that is calculated as \( 1.5 \% \) of the client's \( \$ 210 \) million total assets being managed. In addition, the contract specifies that Continental will receive a performance bonus of \( 25 \% \) of any returns inA:Answer:In the given question we are required to compute t...