AestheticRat
AestheticRat AestheticRat
  • 01-07-2017
  • Business
contestada

Andrew is a financial planner and charges fees of 2% for every investment made. He made investments worth $500,000. What amount will he receive as compensation? PLEASE ANSWER SOON

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Erudite1
Erudite1 Erudite1
  • 06-07-2017
Fees charge = 2%
Investment worth = $500,000
Amount due = 2/100 * 500,000 = 10,000
The amount Andrew will receive as compensation is $10,000.
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