please help me out guys
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Buy 50 Chevron at $17, plus a two percent commission (too much).
Cost of stock: 50 shares × $17 per share = $850
Commission is 2% of 850 = .02 × 850 = $17
Total is $867
The quiz police will delete this shortly. Personally I think learning during your quiz is just as good a time as any, maybe better as now you're motivated. This is real life stuff, useful to know beyond any quiz that comes and goes.
Answer:
50 stocks x $17 per stock = 850
850 x 2%
850 x 0.02 = 17
cost of stocks is 850
commission is 17
850+17=867
total price is 867
Step-by-step explanation: