Question

Sam decides to buy 100 shares of ABC company. They cost $26.25 a share. The commission is 5% of the total price. What is Sam's total cost?

Answer 1

mostly i just need the formula

Answer 2

1 share cost 26.25
100 shares cost 100 times the cost of 1 share
commission is 5% of cost so add 5% of the cost of 100 shares

Answer 3

2,756.25

Answer 4

to figure this out shouldn't you just multiply 26.25 by 100 than add 5% to it?

Answer 5

that's what i did

Answer 6

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Answer 7

huh