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lilavasa [31]
4 years ago
9

What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price

x Shares Purchased = Stock Cost; Stock Cost x Broker's Fee = Broker's Fee; Stock Cost + Broker's Fee = Total Cost)
A. $1,224

B. $1,200

Explanation:
Stock Price: $12
Shares Purchased: 100
Brokers Fee: 2%

Step One:
Stock Price x Shares Purchased = Stock Cost
12.00 x 100 = 1,200

Step Two:
Stock Cost x Brokers Fee= Brokers Fee#2
1,200 x 2% or 0.02 = 24

Step Three:
Stock Cost + Brokers Fee#2 = Total Cost
1.200 + 24= 1,224

ANSWER IS :

A. $1,224
Business
1 answer:
Vaselesa [24]4 years ago
5 0
That is correct, good job
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You have $19,750 you want to invest for the next 22 years. You are offered an investment plan that will pay you 9 percent per ye
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Answer:

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Explanation:

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6 0
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A treaty that can be signed between two or more countries to lower tariffs and improve the import and export of goods is a free
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<h3>What is a free trade agreement?</h3><h3 />

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3 0
3 years ago
A cbs news/new york times poll found that 329 out of 763 randomly selected adults said they would travel to outer space in their
iren [92.7K]

Answer:

0.339 < p < 0.461

Explanation:

Given data:

confidence interval is 92%

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Total number of adults is 763

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\frac{\alpha}{2} = \frac{0.08}{2} = 0.04

for alpha = 0.04

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= 0.43 \pm 1.75 \tiimes \sqrt{\frac{0.43  \times0.57)}{763}

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Answer:

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