Question

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

Answer 1

$1.75

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.