Determine the type of fee that will be charged in each situation. John’s broker provided him with

stock-trading software to manage

his trading.

Reggie’s broker charged him a

front-end load of 2.75% when he

purchased a fund.

Lisa sold 50 shares of stock A on a

given day. Her broker charged her

$12 for this trade.

Pete isn’t a regular investor. He

hasn’t bought or sold any stock

this year. His broker charged him

an inactivity fee of $75 for the year.

Joanne’s brokerage firm charged her

for providing investment information

to help her make informed choices.