Question

Please help me out guys

Answer 1

Answer:

50 stocks x $17 per stock = 850

850 x 2%

850 x 0.02 = 17

cost of stocks is 850

commission is 17

850+17=867

total price is 867

Step-by-step explanation:

Answer 2

Buy 50 Chevron at $17, plus a two percent commission (too much).

Cost of stock:  50 shares × $17 per share = $850

Commission is 2% of 850 = .02 × 850 = $17

Total is $867

The quiz police will delete this shortly.  Personally I think learning during your quiz is just as good a time as any, maybe better as now  you're motivated.  This is real life stuff, useful to know beyond any quiz that comes and goes.