Joe's broker's fee schedule is given in the table. Joe's current portfolio is worth $50,000. He wants to purchase 50 shares of a
company's
stock for a purchase price of $15 per share.
Joe will need to pay a commission of
. The total amount charged by the broker will be
Part one answers $7.50, $5.00,$1.50
Part two answers $17.50,$15.50,$15.00
stock for a purchase price of $15 per share.
Joe will need to pay a commission of
. The total amount charged by the broker will be
Part one answers $7.50, $5.00,$1.50
Part two answers $17.50,$15.50,$15.00
1 answer:
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Answer:
22
Step-by-step explanation:
The problem can be solved geometrically. By this way, the solution is going to be easy, as well.
We can see from the attached graph that the coordinates are the vertexes.
Considering a unit distance, we can find that the width of this rectangle is:
4 = 12 - 8
and the length is:
7 = 6-(-1)
Then, the perimeter is P = (4+7)*2 = 22
