Question

ms. howard buys and sells stocks for investors. ms. howard's salary is based on commissions from her stock sales. she receives 7% commission on each class-a security she sells and 5% on each class-b security she sells. if ms. howard sells $93,400 worth of class-a securities and $77,500 worth of class-b securities in 3 months, what will her total salary be for these 3 months?

Answer 1

Here, ms. howard buys and sells shares for investors. ms. howard's earnings is primarily based totally on commissions from her inventory sales then 10413 will be her total salary which has been for these duration of 3 months.

she gets 7% fee on every class-a protection she sells and 5% on every class-b protection she sells. if ms. howard sells $93,four hundred really well worth of class-a securities and $77,500 really well worth of class-b securities in three months. Stock is sincerely called a protection which represents the ownership or ownership of a element or fraction of the issuing corporation.

The unit of inventory are sincerely called shares. We see that when agencies difficulty shares, they achieve this which will improve cash from investors. Also, because there may be want for growth in their business, they promote shares to extend their business. When agencies get hold of cash from shares and shares, they the cash to increase and develop their business.

Based on the conditions given, we can formulate:: 77500% * 5% * 93400 * 7%

Now we can calculate, product : 3875+6538

Now calculate the sum in this : 10413.

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