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Alysha
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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?
 one year ago
 one year ago
Alysha Group Title
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?
 one year ago
 one year ago

This Question is Closed

frx Group TitleBest ResponseYou've already chosen the best response.0
\[0.01*5000 = 57.50 x\] Where x is the transactionfee
 one year ago

frx Group TitleBest ResponseYou've already chosen the best response.0
"Which of the following" are there any options given ?
 one year ago

frx Group TitleBest ResponseYou've already chosen the best response.0
I missread it's \[t=0.01x+7.5\] t= total x= shares
 one year ago

Alysha Group TitleBest ResponseYou've already chosen the best response.0
A. y = 0.01x B. y = 0.01x + 7.5 C. y = 0.01x + 4,999.425 D. y = 0.01x + 5,000
 one year ago

Alysha Group TitleBest ResponseYou've already chosen the best response.0
thank you :D
 one year ago
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