This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Lakeesha bought 300 shares of stock at 48.25 per share. Her broker charges 3 commission for round ... (Read 259 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 24, 2018
Lakeesha bought 300 shares of stock at 48.25 per share. Her broker charges 3 commission for round lots and 4 for odd lots. Calculate the total cost of the stock purchase.
 A) 15,025.63
  B) 14,909.25
  C) 13,820.00
  D) 25,115.88

Question 2

What is the effective interest rate of a simple discount note for 2,700 at a bank discount rate of 12.25, for 36 months? (Round to the nearest tenth percent)
 A) 19.0
  B) 22.0
  C) 19.4
  D) 14.1


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mochi09

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

C


amal

  • Member
  • Posts: 572
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Table of Ionic Charges Table of Ionic Charges
The joint commission 2011 The joint commission 2011
Identical twins share 100 percent of their segregating genes. Identical twins share 100 percent of their segregating genes.
Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
Calculate the distance from point R(17,5) to the line ... Round to the nearest tenth of a Calculate the distance from point R(17,5) to the line ... Round to the nearest tenth of a
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library