When Pete Mills went to withdraw $10,100 from the NFA Mutual fund, he was informed that the fund would charge 6 percent of the amount withdrawn. What is the dollar amount of the withdrawal charge? (Round your answer to 2 decimal places.) Multiple Choice
A. $606.00
B. $6,060.00
C. $60.60
D. $1,212.00
E. $121.20
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Home » Business » When Pete Mills went to withdraw $10,100 from the NFA Mutual fund, he was informed that the fund would charge 6 percent of the amount withdrawn. What is the dollar amount of the withdrawal charge? (Round your answer to 2 decimal places.