In a list of 7 consecutive integers, the sum of the first and last is 518. find the largest.
1 answer:
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Answer:
Total payable brokerage = £2350
Step-by-step explanation:
Given that:
Fixed fee charged by broker = £150
Percent of fee charged = 5.50%
Amount invested by customer = £40,000
Fee charged =
Fee charged = 5.50 * 400 = £2200
Total brokerage payable = £150 + £2200 = £2350
Hence,
Total payable brokerage = £2350