Kinsley invests in stocks, purchasing 40 shares at $⁢120 each, and $⁢10,000 worth of mutual funds. If the brokerage charges a 1.5% fee on the stocks and a 2% fee on the mutual funds, how much does Kinsley need to pay in total fees?

Name: Revolt
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Question

Revolt · Accepted Answer

272 dollars

Practice Test

Kinsley invests in stocks, purchasing 40 shares at $⁢120 each, and $⁢10,000 worth of mutual funds. If the brokerage charges a 1.5% fee on the stocks and a 2% fee on the mutual funds, how much does Kinsley need to pay in total fees?

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