Answer: $1,907.63
Explanation:
It is stated in the problem that the brokerage fee is $450 plus 1.15% (meaning 1.15% of $126,750). Hence the brokerage fee is computed as follows
(Brokerage fee) = $450 + (1.15% of $126,750)
= $450 + (0.0115)($126,750)
= $450 + $1,457.625
= $1,907.625
Since there is no half cents today, we round-off the brokerage fee to the nearest cent. Hence the brokerage fee is $1,907.63.
Note: In the computation of brokerage fee, we need to change 1.15% to decimal.
Hello,
Please, see the attached files.
Thanks.
Answer:
the first one, v < 1 23/25
Step-by-step explanation:
multiply both sides by 6 and divide by 5
v < 48/25, or v < 1 23/25
15% of the number 60 is 9
Answer:
C. (2, 5)
Step-by-step explanation:
Looking at the answer choices, you can see that solving for y will tell you which choice is correct. We can eliminate x from the equations by adding 4 times the second equation to the first:
(8x -3y) +4(-2x +3y) = (1) +4(11) . . . . . adding the equations to eliminate x
9y = 45 . . . simplified; next we divide by 9
y = 5 . . . . . matches choice C
_____
Check
8(2) -3(5) = 16 -15 = 1
-2(2) +3(5) = -4 +15 = 11 . . . . the answer checks OK in both equations
