bridgemarley247 bridgemarley247
  • 04-05-2017
  • Mathematics
contestada

Sam decides to buy 100 shares of ABC company. They cost $26.25 a share. The commission is 5% of the total price. What is Sam's total cost?

Respuesta :

LearnGrow
LearnGrow LearnGrow
  • 12-05-2017
One share cost: $26.25.
Sam wants to buy 100, which means that the total price of the shares is:
100*$26.25=$2625.
There is also commission of 5% of the total amount:
5% of $2625, which is:
(5/100)*$2625=0.05*$2625=$131.25
So, Sam's total cost will be: the total price of the shares + the commission
$2625+$131.25=$2756.25
Answer Link

Otras preguntas

How do you derive the drift velocity equation (I = nAve)?
Pentane, C5H12, will react as shown below: ____C5H12(l) + ____O2 --- ______CO2 +_______ H2O H20(g) 1. Balance the equation above by putting coefficients into ea
Give an example of oxidation reaction which can be a nuisance
describe why the bureaucratic personality can be dangerous.
who do scholars believe first wrote Beowulf
Signs of Roman decline were manifested by agricultural and economic prosperity which undermined the values of Rome. the weakening of Rome's army which was force
what is the theory that tax cuts can raise supply called
Give an example of oxidation reaction which can be a nuisance
What activities can you do on Jupiter?!
Select the product of (7x - 2)(7x + 7).