Question

Leon Starr purchased 55 shares of stock at

$41.09 per share. His online stockbroker charged him
a $15.99 commission. What is the total amount that he
paid for the stock?
Total amount paid for the stock:

Answer 1

Answer: $2,275.94

Step-by-step explanation: First, we need to find how much he pays for the stocks alone. So, we would use this equation:

41.09(55)

41.09 x 55

That would get us to $2,259.95. Now, we have to add the $15.99, bc he had to pay a fee. So $2,259.95 + 15.99 = $2,275.94. I hope this helped!