izzy897 izzy897
  • 12-02-2021
  • Mathematics
contestada

mark sells 350 shares of a company's stock at $12 per share. if his broker charges transaction fees of $0.005 per share how much would his broker charge him

Respuesta :

aidenbrewton719 aidenbrewton719
  • 12-02-2021

Answer:

$1.75

Step-by-step explanation:

If he sells all shares at $12/share, mark would get $4,200. Since his broker charges $0.005 per share, the broker would earn $1.75. Leaving a net income of $4198.25 for mark.

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