Calculate the management fee mike must pay this, Financial Management

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Calculate the management fee mike must pay this

The value of Mike Jackson’s shares in the New Frontiers Technology Fund is $13,200. The management fee for this particular fund is 0.8 percent of the total asset value. Calculate the management fee Mike must pay this year. (Round your answer to 2 decimal places.)

Management fee $

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Financial Management: Calculate the management fee mike must pay this

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