Steven Fork purchased 375 shares of Grant Corporation common ...

[mynx]

Steven Fork purchased 375 shares of Grant Corporation common stock at 19.75 per share. Three months later he sold the shares at 28.80. His stockbroker charges 3 commission on round lots and 4 on odd lots. What was the amount of gain on this transaction?

Question 2

Customer Bank loaned The Teacup Shoppe money at 6 interest for 90 days. If the interest was 750 using the ordinary interest method, the principal amount borrowed was 5,000.
  Indicate whether the statement is true or false

[cegalasso]

Answer to Question 1

2,811.15

Answer to Question 2

FALSE

[mynx]

Excellent

[kishoreddi]

Thanks for the timely response, appreciate it