Why is “discretionary authority” an important thing to be aware of when dealing with stock brokers
1 answer:
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First, you would need to create an equation for this problem. Let x represent the unknown tax.
= 
Next, you would cross multiply.
100x = 52.5
Now, all you would have to do is isolate the x. To do this, you would divide both sides by 100.
x = $0.525
I hope this helps!
Next, you would cross multiply.
100x = 52.5
Now, all you would have to do is isolate the x. To do this, you would divide both sides by 100.
x = $0.525
I hope this helps!