Asked by Amanda Crosby on May 15, 2024

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Ralph bought 100 shares of Meredian stock at $86; 100 shares of Lawson stock at 30.25; and 100 shares of Puritan stock at 22.50. Commission charges were $0.20 per share. Compute the total cost of the purchase.​

Commission Charges

Fees that are paid to an agent or company for facilitating a transaction, often calculated as a percentage of the transaction value.

Total Cost

The full amount of expenses incurred for producing or acquiring a product or service.

  • Determine the total cost of purchasing shares, including commissions.
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marie barholereMay 20, 2024
Final Answer :
$13,935​