Answer:
$494
Step-by-step explanation:
30 * 6.31 + 16 = $205.30
30 * 9.09 + 16 = $288.70
Total = $494
Use the explantion to answer your question
Amount he paid for first 20 shares
= $25 + (20 x $10.51)
= $25 + $210.20
= $235.20
Amount he paid for next 20 shares
= $25 + (20 x $8.93)
= $25 + $178.60
= $203.60
Thus, total amount paid
= $235.20 + $203.60
= $438.80
