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Alima has invested $50,000 in an S&P 500 index ETF that charges a total expense ratio of 8 basis points per year. How much would she pay in dollars for management of her fund?
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Alima has invested $50,000 in an S&P 500 index ETF that charges a total expense ratio of 8 basis points per year. How much would she pay in dollars for management of her fund?

User WGS
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An67iniho[ug9gswer:

Step-by-step explanation:

User Anil Olakkal
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