Tyler bought 20 shares of Wal-Mart at $48.80. A year later, he bought 20 more shares at $54.60. He later sold all of his shares

Question

2 years ago

8

Tyler bought 20 shares of Wal-Mart at $48.80. A year later, he bought 20 more shares at $54.60. He later sold all of his shares

at the price of $62.80. Tyler's broker charges him 3% of each share as a transaction fee. After all of his transactions, how much money did Tyler make?

Mathematics

2 answers:

Semenov [28] · Answer 1 · 2022-08-26T09:47:12+03:00

Semenov [28]2 years ago

7 0

Answer: $306.60

Step-by-step explanation:

NARA [144] · Answer 2 · 2022-08-26T08:33:25+03:00

NARA [144]2 years ago

6 0

He bought last year and year later total is $104.3

Each share he sold 62.80 with tax is 0.03

62.80x1.03= $64.684 for each share
So there are 40 shares

64.684 x 40= $2587.36