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ruslelena [56]
3 years ago
6

A stockbroker earns a commission by a flat fee for each transaction as well as a fee per share. On a particular transaction, the

stockbroker sold 5,000 shares to a client at a rate of $0.01 per share. The cost of the transaction totaled $57.50. Which of the following equations describes the cost of this transaction in terms of shares sold?
A.
y = 0.01x
B.
y = 0.01x + 7.5
C.
y = 0.01x + 4,999.425
D.
y = 0.01x + 5,000
Business
1 answer:
Kitty [74]3 years ago
4 0
As flat fee =
57.50 - 5000*0.01 = 7.50 
<span>Let fee per share = x </span>
so it would be
<span> y = 0.01x + 7.5
so i conclude correct option fro above statement is
B
hope it helps</span>
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