Mike Jackson invested a total of $22,000 in the New Colony Pacific Region mutual fund. The management

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Mike Jackson invested a total of $22,000 in the New Colony Pacific Region mutual fund. The management fee for this particular fund is 0.90 percent of the total asset value. Calculate the management fee Mike 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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