SOLUTION: You are purchasing 200 shares of a common stock at $25.50 a share. If commission is $0.20 a share, what is the total cost of the purchase ?

Algebra.Com
Question 977478: You are purchasing 200 shares of a common stock at $25.50 a share. If commission is $0.20 a share, what is the total cost of the purchase ?
Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!

This is not an algebra problem. It is a finance and accounting problem. This is an algebra website.

John

My calculator said it, I believe it, that settles it

RELATED QUESTIONS

You are purchasing 170 shares of a stock at $40 a share. If commission is $0.20 a share... (answered by solver91311)
3. An investor bought 500 shares of stock , some at $ 3.50 per share and some at $6.00... (answered by stanbon,frostusna)
I purchased 300 shares; I purchased 3 times as many shares of common as I did preferred.... (answered by mananth)
Matthew has two different stocks. One of the stocks is worth twice as much per share as... (answered by jorel555)
You sell 215 shares of a stock at $25 a share and paid $35 in commission. A dividend of... (answered by solver91311)
A client calls their stock broker and tells them they want to buy stock in xyz company... (answered by checkley77)
A company had additions to retained earnings for the year just ended of Br. 275,000. The... (answered by ikleyn)
You own 100 shares of Stock A and 30 shares of stock B. On Monday, stock A decreased by... (answered by oscargut)
What is the brokerage fee for 75 shares of stock at 13 1/2 per share, if the rate of... (answered by ewatrrr)