20 shares of stock were purchased for $30 per share with a $6 commission. what is the total cost of this…
20 shares of stock were purchased for $30 per share with a $6 commission. what is the total cost of this investment? total cost = $? total cost = number of shares · price per share + commission
Answer
Answer:
$606$
Explanation:
Step1: Calculate share - cost
$20\times30 = 600$
Step2: Add commission
$600 + 6=606$