Question

his broker charges him 3% of eah share as a transaction fee how much did alex spend in total to buy this stock

Answer 1

i think you missed from there details

Answer 2

alex buys 30 shares of walmart at the close price of 48.80 his broker charges him 3% of eah share as a transaction fee how much did alex spend in total to buy this stock

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @ItzLily
alex buys 30 shares of walmart at the close price of 48.80 his broker charges him 3% of eah share as a transaction fee how much did alex spend in total to buy this stock
\(\color{#0cbb34}{\text{End of Quote}}\)
Full question of his

Answer 4

alex buys 30 shares of walmart at the close price of 48.80 his broker charges him 3% of eah share as a transaction fee how much did alex spend in total to buy this stock.


Answering rn

Ok so first we wanna (Divide) (3%) by (100)


\[3\div100=0.03\]


Now (Multiply) (48.80) by (0.03)


\[48.80\times0.03=1,464\]


Now we should know it states "Alex buys (30) shares"


We can (Multiply) (1,464) by (30) to show that



\[1,464\times30=43.92\]


Last but not least we can (Add) (43.92) to (1,464)


\[43.92+1,464=1507.92\]


(1507.92) can also be written as (1,507.92)


Alex spent (1,507.92) dollars in total to buy this stock.


(I get what u was saying hope this answer helps)




Makes sure next time u post the full question on just (One) post it makes it easier for users to understand what u need help with, and how to help u.

Answer 5

@Hoodmemes Yw!