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In Globin Publishing costs $8.72 per share. Mary buys 105 shares of Globin Publishing through her broker, who charges her a commission of $348. How much did Mary to purchase the…

In Globin Publishing costs $8.72 per share. Mary buys 105 shares of Globin Publishing through her broker, who charges her a commission of $348. How much did Mary to purchase the…
asked 145k views
4 votes
in Globin Publishing costs $8.72 per share. Mary buys 105 shares of Globin Publishing through her broker, who charges her a commission of $348. How much did Mary to purchase the stock?

asked
User LCZ
by
8.1k points

1 Answer

5 votes
We can use the equation
y = mx+b to solve this. Simply plug in the values and solve:


y = 8.72(105) + 348

y = 1263.6
answered
User Harold Dunn
by
7.9k points
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