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Myra bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What's the total to Myra?

Myra bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What's the total to Myra?
asked 104k views
4 votes
Myra bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What's the total to Myra?

asked
User HAdes
by
8.2k points

1 Answer

4 votes
Hello there!
Myra has a total of $3,198.
400 · 399.75 = 159,900
2% = 0.02
159,900 · 0.02 = 3,198
Hope this helps! :D
answered
User Rurouniwallace
by
8.1k points
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