Blake decides to invest in stocks and bonds. He buys 60 shares of a stock priced at $⁢90 per share and $⁢7,000 worth of bonds. The brokerage charges a 2% commission fee on the stock purchase and a 2% fee on the bond purchase. What is the total fee Blake must pay?

Question

Revolt · Accepted Answer

248 dollars

Building a Portfolio - Quiz Quiz

Blake decides to invest in stocks and bonds. He buys 60 shares of a stock priced at $⁢90 per share and $⁢7,000 worth of bonds. The brokerage charges a 2% commission fee on the stock purchase and a 2% fee on the bond purchase. What is the total fee Blake must pay?

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