Eleanor purchased $3,568 worth of stock and paid her broker a

0.4% fee. She sold the stock when the stock price increased to

$4,298, using an online broker that charged $6 per trade. What

are her net proceeds?

Question

Mathematics

Beckett Campbell

9 June, 09:32

Eleanor purchased $3,568 worth of stock and paid her broker a

0.4% fee. She sold the stock when the stock price increased to

$4,298, using an online broker that charged $6 per trade. What

are her net proceeds?

+2

Answers (1)

Know the Answer?

Allen Mcpherson · Answer 1

I don't know if it is right but i got ...

$7839.728

First, I subtracted $3568 from 0.4% fee. I got $3553.728.

Next, I added $3553.728 and %4298 together. I also subtracted 6 twice from that.

My answer finally came too $7839.728.

Once again I don't know if it is right.

Eleanor purchased $3,568 worth of stock and paid her broker a0.4% fee. She sold the stock when the stock price increased to$4,298, using an online broker that charged $6 per trade. Whatare her net proceeds?

Eleanor purchased $3,568 worth of stock and paid her broker a

0.4% fee. She sold the stock when the stock price increased to

$4,298, using an online broker that charged $6 per trade. What

are her net proceeds?