Register
You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 per bond. What is the cost of the purchasing these bonds? a. $6210 b. $633
219k views
2 votes
You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 per bond. What is the cost of the purchasing these bonds?

a.
$6210
b.
$633
c.
$648
d.
$3090

User Rohit Saluja
by
3.3k points

2 Answers

2 votes
Answer:
Letter C

Step-by-step explanation:
Why letter C?
You purchased 6 bonds for the price of 103 dollars the commission is 5 dollars for each, therefore we will add 103 + 5 and multiply by 6
(103 + 5) 6
(108)6
648
Or
6(103)+6(5)
618+30
648

User Giacecco
by
3.3k points
3 votes

Answer:

C

Step-by-step explanation:

(103 + 5) * 6 = 648

User Oniondomes
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.4m answers

Other Questions

A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Can someone help me plz I have to Turn 27/9 in simplest
The sanchez family goes out for dinner, and the price of the meals is $60. The sales tax on the Meals is 7 percent, and they also want to leave a 15 percent tip. What is the total cost of the meal? Analyze
Simplify: 10 ÷ [(5 + 2) − 5]
A survey of 539 adults aged 18-24 year olds was conducted in which they were asked what they did last Friday night. It found: 189 watched TV 163 hung out with friends 29 watched TV and ate pizza, but did
Link Copied!