Question

You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 per bond. What is the cost of the purchasing these bonds?

Answer 1

$98.20*36 = $3535.2

Finance charge is how much interest you pay (Total amount you pay - price of the computer): (6%$2200 + 24$100) - $2200 = $2532 - $2200 = $332

total amount you end up paying
$225,000*10% = $22,500

Price of house * 15% = $36,782.12 -> price of house = $36,782.12/15% = $245,214.13

shares(Price you sell at - price you buy at) = 115($85.32(1-3.8%) - $62.32(1+3.8%) ) = 115*(82.078 - 64.69) = $1999.81 (this is assuming you pay the commission for both buying and selling)

6*($103 + $5) = $648

Answer 2

Hello there.

You purchase six municipal bonds on the first of the year. The current market value price is 103. The commission charge is $5 per bond. What is the cost of the purchasing these bonds?

$648