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corinna2 corinna2
  • 06-05-2016
  • Mathematics
Answered

Jackie's broker charges her a commission of $8.25 per ten of stocks she buys or sells. If Jackie buys 69 shares of Alesia Insurance at $10.34 per share, how much will Jackie spend in commission?

Verified Answer :

phicxs
phicxs phicxs
  • 10-05-2016

69 = (6 × 10) + 9

6 × $8.25 = $49.50

Jackie will spend $49.50 in commission.

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