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

one who is actively involved in government activites
What is 1/4 of 76 years old with a variable
what factors contribute to global winds?
for wich values of x does 2x^2+10x
what is the opposite of dreamy-eyed
Explain how you do 140 divided by 7/8 plz
Are the angles with the given measures complementary, supplementary, or neither? m∠R = 43° and m∠S = 57° A. complementary B. supplementary C. neither
Greenland, the largest island in the world, is 21 times larger than Iceland. The combined area of Greenland and Iceland is 880,000 mi2. Write an equation to fin
Which word in the sentence is the conjunction? The wind was strong, and the rain was quite heavy. A. strong B. and C. heavy D. quite Please Help ASAP
which two oceans can you see on the globe above