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stepan [7]
3 years ago
13

You sold 500 shares of Intel for $26.75 per share. Your broker charges you a

Mathematics
1 answer:
Natali [406]3 years ago
8 0

Answer: $13339.25

Step-by-step explanation:

Since 500 shares of Intel were sold for $26.75 per share, the total amount will be:

= 500 × $26.75

= $13375

Since the broker charges a

commission of $2.75 per thousand dollars of stock bought or sold, the amount charged by the broker on $13375 will be:

= $2.75 × 13

= $35.75

The amount that'll then be credited into ones account will be:

= $13375 - $35.75

= $13339.25

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