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Alysha
 2 years ago
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?
Alysha
 2 years ago
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?

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frx
 2 years ago
Best ResponseYou've already chosen the best response.0\[0.01*5000 = 57.50 x\] Where x is the transactionfee

frx
 2 years ago
Best ResponseYou've already chosen the best response.0"Which of the following" are there any options given ?

frx
 2 years ago
Best ResponseYou've already chosen the best response.0I missread it's \[t=0.01x+7.5\] t= total x= shares

Alysha
 2 years ago
Best ResponseYou've already chosen the best response.0A. y = 0.01x B. y = 0.01x + 7.5 C. y = 0.01x + 4,999.425 D. y = 0.01x + 5,000
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