53.6k views
2 votes
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.

User Anatoli
by
7.6k points

1 Answer

4 votes
He will receive $10,000 as compensation. (Working= 0.02x $500,000)
User LilProblems
by
9.1k points