5
QuizMultiple Choice

Buying and Selling Stock

Question 5 • Financial Math A

Jackie’s broker charges her a commission of $8 per ten shares of stock she buys or sells. If Jackie buys 77 shares of Alesia Insurance at $10.34 per share and 120 shares of Ergar Appliances at $8.11 per share, how much will Jackie spend in commission?a.$796.18b.$157.60c.$973.20d.$1,926.98

Answer
A
A
B
B
C
C
D
D
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