Question: As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the

As Bart Brownlee approached retirement, he decided the time had come

As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the Franklin Utilities Fund. If he invests $25,000 and the fund charges a load of 4.5 percent when shares are purchased, what is the amount of commission (load) Bart must pay? Commission (load)

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