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soldi70 [24.7K]
3 years ago
12

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

hose the Franklin Utilities Fund. If he invests $35,000 and the fund charges a load of 4.5 percent when shares are purchased, what is the amount of commission (load) Bart must pay
Business
1 answer:
Lunna [17]3 years ago
3 0

Answer:

$1,487.5 is the amount of commission (load) Bart must pay

Explanation:

Commision to be paid :

which is equal to

=$35000*4.25%

which is equal to

=$1487.5.

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When determining the number of channel members to use at each level, three strategies are available: intensive, exclusive, and _
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1 year ago
What are depository and non depository financial institutions? How do they differ?​
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3 years ago
Becky makes $8.75 an hour plus benefits, which are an additional 13.5%.
ratelena [41]

Answer:

$9.93

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Becky makes $8.75, the benefits are 13.5 % of $8.75.

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