Jonathan invests $⁢250,000 in a mutual fund. The fund charges a 0.5% annual fee for the management of the portfolio. How much did Jonathan pay in fees for the investment?

Name: Revolt
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Question

Revolt · Accepted Answer

1 dollars comma 250

Practice Exam

Jonathan invests $⁢250,000 in a mutual fund. The fund charges a 0.5% annual fee for the management of the portfolio. How much did Jonathan pay in fees for the investment?

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