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Jackie's broker charges her a commission of $8.25 per ten of stocks she buys or sells. If Jackie buys 69 shares of Alesia Insurance at $10.34 per share, how much will Jackie spend in commission?
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Jackie's broker charges her a commission of $8.25 per ten of stocks she buys or sells. If Jackie buys 69 shares of Alesia Insurance at $10.34 per share, how much will Jackie spend in commission?

User Vijay Muvva
by
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1 Answer

4 votes
69 = (6 × 10) + 9

6 × $8.25 = $49.50

Jackie will spend $49.50 in commission.
User JBS
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