Question

General MathematicsProblem:Tom bought 50 share of MacTec stock at 685.00 per share and paid 956 commission. Find Tom's total investment.

Answer 1

Given:

Tom bought 50 shares of MacTech stock at 685.00 per share and paid 956 commission.

First, we will find the cost of shares = 50 x 685 = 34,250

Second, add the cost of shares and the paid commission

So, Total = 34250 + 956 = 35,206

So, the answer will be $35,206