Jan Throng invested $42,000 in the Invesco Charter mutual fund. The fund charges a 5.50 percent commission

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Jan Throng invested $42,000 in the Invesco Charter mutual fund. The fund charges a 5.50 percent commission when shares are purchased. Calculate the amount of commission Jan must pay.

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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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Question Posted: May 30, 2018 05:38 AM

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Jan Throng invested $42,000 in the Invesco Charter mutual fund. The fund charges a 5.50 percent commission

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Ms Throng must pay 2310 for commissions as ...View the full answer

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