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Sam decides to buy 100 shares of DEF company. They cost $16.60 a share. The commission is 6% of the total price. What is Sam's total cost?

Sam decides to buy 100 shares of DEF company. They cost $16.60 a share. The commission is 6% of the total price. What is Sam's total cost?
asked 221k views
1 vote
Sam decides to buy 100 shares of DEF company. They cost $16.60 a share. The commission is 6% of the total price. What is Sam's total cost?

asked
User Reub
by
7.5k points

2 Answers

2 votes
1,759.6 is your final answer.
answered
User Marcel Dias
by
8.1k points
4 votes
100×16.60=1,660

Sam cost
1,660+1,660×0.06=1,759.6
answered
User Ladie
by
7.9k points
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