AestheticRat AestheticRat

01-07-2017
Business

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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

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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