Chris Lavigne invested a total of $8,500 in AIC Diversified Canadian Mutual Fund. The management fee for

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Chris Lavigne invested a total of $8,500 in AIC Diversified Canadian Mutual Fund. The management fee for this particular fund is 2.38 percent of the total investment amount. Calculate the management fee that Chris must pay this year?

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Personal Finance

ISBN: 978-1259720680

12th edition

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

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