Gregory Purchased 600 Shares of QRS Stock at a Price

question 119

Multiple Choice

Gregory purchased 600 shares of QRS stock at a price of $25 per share.In addition,he paid a commission of $30 for the transaction.How much did he need to pay his broker?

• A) $7,500.
• B) $15,470.
• C) $15,000.
• D) $15,030.
• E) $15,050.

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Definitions:

Complete Enumeration

A method involving listing all possible members of a set to show a proposition's truth.

Generalization

The process or act of formulating general concepts by abstracting common properties of instances.

Examination

A detailed inspection or analysis of an object, person, or situation for the purpose of evaluation.

Mammary Glands

Specialized organs in mammals, including humans, that produce milk to feed their young.