A stockbroker earns a commission by a flat fee for each transaction as well as a fee per share. On a particular transaction, the stockbroker sold 5,000 shares to a client at a rate of $0.01 per share. The cost of the transaction totaled $57.50. Which of the following equations describes the cost of this transaction in terms of shares sold?A.y = 0.01x
B.y = 0.01x + 7.5
C.y = 0.01x + 4,999.425
D.y = 0.01x + 5,000
Answers
Answer:
Option B. y = .01x + 7.5
Step-by-step explanation:
If a stock broker earns a commission by a flat fee for each transaction as well as a fee per share.
Let the commission on each share charged by the stock broker is x.
Selling price of 5000 shares + total fees of broker = Cost of the transaction
5000×.01 + Fees = 57.50
Fees = 57.50 - 50 = $7.50
Now we can form the equation which represents the cost of this transaction as
y = .01x + 7.5
Therefore option B is the correct answer.
y = 0.01x + 7.5
y = (0.01)*5000 + 7,5
y = 50 + 7.5
y = 57.50
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Answers
Answer:
7.1
Step-by-step explanation:
The number is Seven, and One Tenth. 7 goes in the ones place, and 1 goes in the tenths place for 71. Since the denominator is 10, you dont really have to simplify it to get to a decimal.
Answers
65-12=53yr he been saving up
1.50*53=79.5
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Answers
5n<100
so these are in conjuction with each other so combine them
flip one
30<2n
simplify, divide both sides by 2
15<n
simplify other
5n<100
divide both sides by 5
n<20
combine 15<n and n<20
15<n and n<20
15<n<20
all whole numbers more thatn 15 and less thatn 20
16,17,18,19=posible values for n
Answers
Answer:
-14/15
Step-by-step explanation:
First the denominator must be the same so mutiply three with 5 to get 15. Don't forget to mutiply numrator!
After that, sump up the first numerator and second numerator because both are plus so you will get 29
Then, sum up the third numrator and forth numrator because both are minus so you will get -43.
Finally, you have 29 + -43 by 15.
You have to substract small number from large number so you will get -14. We use minus sign because -43 is larger than 29.