breannavilla04 breannavilla04

15-02-2021
Mathematics

contestada

Ron purchases $32,000 worth of stock on his brokers advice and pays his broker a 1.25% broker fee. How much did he pay his broker! Show work please !!

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kirkdeborah1616 kirkdeborah1616

15-02-2021

Ron would have to pay his broker $400 because 1.25 percent of 32,000 is 400

Answer Link

15-02-2021

32000 x 0.0125 = 400

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