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Stephen bought 85 shares of United Rotators at $6.34 each, 110 shares of Dowc Beverage Co. at $13.13 apiece, and 133 shares of Esti Transport at $7.10 each. If Stephen’s broker collects a commission of $12.50 for every ten shares bought or sold, how much did Stephen spend in total, to the nearest dollar?

A. $2,972
B. $3,338
C. $6,688
D. $2,438

User Dan Bliss
by
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2 Answers

3 votes

Answer:

b: $3,338

Step-by-step explanation:

User Georg Leber
by
6.4k points
6 votes

Answer:

The correct answer to the following question is option B) $3338.

Step-by-step explanation:

Given information -

Stephen bought shares of united rotators worth = 85 x $6.34 = $538.9

Stephen bought shares of dowc beverages worth = 110 x $13.13 = $1444.3

Stephen bought shares of esti transport worth = 133 x $7.10 = $944.3

Commission collected by Stephen's broker = on every 10th shares x $12.50

= 328 / 10 x $12.50

= 32.8 x $12.50

= $410

Now adding all the four items = $538.9 + $1444.3 + $944.3 + $410

= $3338 ( approximately )

User Saurabh Singh
by
6.4k points