Question

The cost of 900 shares of stock selling for 57 5/8 is

Answer 1

51 862.5

Explanation:

If the share cost 57 5/8 per share

It means 900 share would cost

900 * 57 5/8

900 * 461/8 = 51 862.5

Answer 2

$51,862.50

Explanation:

... the product of the number of shares and the price:

(900)($57 5/8) = $51,862.50