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rosijanka [135]
3 years ago
6

Sal bought x shares of a stock that sold for 31.50 per share. He paid a 1% commission on the sale. The total cost of his investm

ent, including the broker fee, was $5,726.70. How many shares did he purchase.
Mathematics
1 answer:
Licemer1 [7]3 years ago
5 0

Answer:

180

Step-by-step explanation:

add 1% to 31.50 to get 31.815

then take the total 5276.70 and divide by 31.815

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13 = m/4 + 7 can you show work too
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The correct value of this equation is <u>m = </u><u>24</u>

<h3>Resolution method</h3>

This equation contains a fractional term. We note that the denominator of this equation is the <u>term 4</u>. Therefore, we will multiply the sides by <u>4</u>:

13 = m/4 + 7

13 . 4 = 4(m/4) + 7 . 4

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Now, let's isolate the variable "as negative" and after the equality - we'll be subtracting the terms:

52 = m + 28

-m = 28 - 58

-m = -24

<u>m = 24</u>

Therefore, the correct value of this equation will be <u>m = 24</u>

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