SOLUTION: A stock trading company charges a commission of $15 per trade plus $0.025 per dollar value of stock traded. If your commission is $150, what was the value of the stock you traded

Question 1147380: A stock trading company charges a commission of
$15 per trade plus $0.025 per dollar value of stock traded. If your commission is $150, what was the value of the stock you traded?
Answer by ikleyn(52777) (Show Source): You can put this solution on YOUR website!
.


15 + 0.025x = 150.


It is your basic equation.   From it,  get


    x =  = 5400 dollars.    ANSWER

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