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red Saved As part of his 401(k) retirement plan at work, Ken Lowery invests 6.0 percent of his salary each month in the Capital Investments

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red Saved As part of his 401(k) retirement plan at work, Ken Lowery invests 6.0 percent of his salary each month in the Capital Investments Lifecycle Fund. Al the end of this year, Ken's 401(k) account has a dollar value of $211.200. If the fund charges a 1261 fee of 0.8 percent, what is the amount of the fee? (Round your answer to 2 decimal places.) 12.1 foo

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