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I understand how to get the $8,000 80x10 correct? But how do you get $1,950in cash? A Cash Account (a) Open the account (b) Deposit

image text in transcribed I understand how to get the $8,000 80x10 correct?

But how do you get $1,950in cash?

A Cash Account (a) Open the account (b) Deposit $10,000 (c) Buy 100 Shares of American Express (AXP) at $80 per share (d) Pay Commission, Say $50 (e) Cash Account has: $1,950 in Cash $8,000 in Stock

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