breannavilla04 breannavilla04
  • 15-02-2021
  • Mathematics
contestada

Ron purchases $32,000 worth of stock on his brokers advice and pays his broker a 1.25% broker fee. How much did he pay his broker! Show work please !!

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kirkdeborah1616
kirkdeborah1616 kirkdeborah1616
  • 15-02-2021
Ron would have to pay his broker $400 because 1.25 percent of 32,000 is 400
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debmc7
debmc7 debmc7
  • 15-02-2021
32000 x 0.0125 = 400
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