Ask Question
Today, 02:11

Barry Olson just purchased 800 shares of an electronics corporation stock at $42.17 per share. His online broker charged him $10.00 commission. What was the total cost of the stock? Show work.

A) 22,489

B) 33, 579

C) 42, 458

D) 33, 746

+1
Answers (1)
  1. Today, 02:17
    0
    Option D) 33746

    Step-by-step explanation:

    Total shares: 800

    Share price: $42.17

    Commission charged: $10

    Total price of shares: Total shares * share price

    = 800 * 42.17 = 33736

    Total Cost: Total price of shares + Total Commission charged

    = 33736 + 10 = $33746
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Barry Olson just purchased 800 shares of an electronics corporation stock at $42.17 per share. His online broker charged him $10.00 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers