SOLUTION: Nancy bought 150 shares of stock $22.885 each. Broker fees were $22.05. What is the average cost per share

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Question 706512:
Nancy bought 150 shares of stock $22.885 each. Broker fees were $22.05. What is the average cost per share
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
(150*22.885+22.05)/150
(3432.75+22.05)/150
3454.8/150=$23.032 AVERAGE COST OF EACH SHARE.