Question

PLEASE HELP ME

Answer 1

Answer:

E with $40

C with $47.50

D with $50

B with $54.50

A with $66.25

Answer 2

Answer:  

Broker1 with $66.

Broker2 with $54.25

Broker4 with $50

Broker3 with $47.5

Broker5 with $33.5

Explanation :

Total number of shares Cindy have : 300

Market Price per share : $25  

Total price for the shares : 300 $\times$$25

                                        = $7500

Now ,

Case 1:

Commission provided by broker1 = 0.75%

Online fees provided by broker1 = $ 10

Total price provided by broker1= $\frac{75}{10000}\times7500 + 10$

                                                =$66.25

Case 2:  

Commission provided by broker2= 0.5%

Online fees provided by broker2=$17

Total price provided by broker2= $\frac{5}{1000}\times 7500 + 17$

                                                =$54.5

Case 3:

Commission provided by broker 3= 0.6% for 100 0r few  

Not applicable because  the total shares are 300

For over 100 shares

Commission provided= 0.5%

Online fees = $10

Total price =  $\frac{5}{1000}\times 7500 + 10$

                =$47.5

Case 4:

For more than 100 shares

Online fees for buying and sharing= $50

Total price = $50

Case5 :

Commision for a share bought or sold = 0.05%

Online fees =$30

Total Price= $\frac{5}{10000}\times 7500 + 30$

                 =$33.75