Ask Question
10 April, 00:39

Alex buys 30 shares of Wal-Mart at the close price of $48.80. His broker charges him 3% of each share as a transaction fee. How much did Alex spend in total to buy this stock?

A. $1528.32

B. $1486.48

C. 1464.00

D. 1507.92

+4
Answers (1)
  1. 10 April, 04:08
    0
    3% of 48.80 is 1.464

    $1.464 times 30 since its for each share is $43.92

    Then what i think is ... 30 times 48.80 = 1464

    then add 43.92 to 1464 to get 1507.92
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Alex buys 30 shares of Wal-Mart at the close price of $48.80. His broker charges him 3% of each share as a transaction fee. How much did ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers