Mutual Fund A charges an annual management fee of 2.38% of money under management. The corresponding management

Question:

Mutual Fund A charges an annual management fee of 2.38% of money under management. The corresponding management fee for Mutual Fund B is 1.65%. On the same invested amount, what percentage more fees will you pay to Fund A than to Fund B?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: