Lea invests $⁢20,000 in a mutual fund and purchases 30 shares of a stock priced at $⁢150 per share. The brokerage charges a 2% fee on the mutual fund and a 1% fee on the stocks. How much in total fees does Lea need to pay?

Name: Revolt
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Question

Revolt · Accepted Answer

445 dollars

Building a Portfolio - Quiz Quiz

Lea invests $⁢20,000 in a mutual fund and purchases 30 shares of a stock priced at $⁢150 per share. The brokerage charges a 2% fee on the mutual fund and a 1% fee on the stocks. How much in total fees does Lea need to pay?

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