Chris Lavigne invested a total of $9,200 in the AIC Diversified Canada Mutual Fund. The management fee
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Question:
Chris Lavigne invested a total of $9,200 in the AIC Diversified Canada Mutual Fund. The management fee for this particular fund is 2.45 percent of the total investment amount. Calculate the management fee Chris must pay this year.(Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Management fee$
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