Assume the average market return over the next 50 years is, Ask an Expert

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Assume the average market return over the next 50 years is expected to be 7.1%. If an investor contributes $14 thousand into an investment account today, pays 1.8% of assets under management for various fund and advisor fees, and waits for 50 years, what percentage of his final wealth has he sacrificed in fees?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93041946

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