jh28q jh28q
  • 08-03-2022
  • Business
contestada

The commission structure on a stock purchase is $50 plus $.03 per share. If you purchase
600 shares of a stock selling for $65, what is your commission?

Respuesta :

repthebae repthebae
  • 08-03-2022
Commission = 50 + .03(num shares)
Commission = 50 + .03(600)
Commission = 50 + 18
= $68
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