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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? Andrew will rece…

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? Andrew will rece…
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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? Andrew will receive $___ as compensation.

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User Anatoli
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1 Answer

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He will receive $10,000 as compensation. (Working= 0.02x $500,000)
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User LilProblems
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