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nikitadnepr [17]
3 years ago
12

Your discount brokerage firm charges $8.95 per stock trade. How much money do you need to buy 210 shares of Pfizer, Inc. (PFE),

which trades at $45.92?
Mathematics
1 answer:
Tema [17]3 years ago
4 0

Given :

Discount brokerage firm charges $8.95 per stock trade.

To Find :

How much money do you need to buy 210 shares of Pfizer, Inc. (PFE), which trades at $45.92 .

Solution :

Cost of 210 shares including brokerage charge :

C=\$(210\times 45.92)+8.95\\\\C=\$(9643.2+8.95)\\\\C=\$9652.15

Therefore , money needed to buy 210 shares is $9652.15 .

Hence , this is the required solution .

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