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in Globin Publishing costs $8.72 per share. Mary buys 105 shares of Globin Publishing through her broker, who charges her a commission of $348. How much did Mary to purchase the stock?
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in Globin Publishing costs $8.72 per share. Mary buys 105 shares of Globin Publishing through her broker, who charges her a commission of $348. How much did Mary to purchase the stock?

User LCZ
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1 Answer

5 votes
We can use the equation
y = mx+b to solve this. Simply plug in the values and solve:


y = 8.72(105) + 348

y = 1263.6
User Harold Dunn
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