to purchase stock in a company. The broker charges a set fee of $7 per transaction....

Transcribed Image Text:

to purchase stock in a company. The broker charges a set fee of $7 per transaction. If the shares are worth $7.69/sh and you have $850 to invest, how many shares can you purchase? CA 0:00/0:17 Speed: 1x Paused Hint: 1. Subtract the broker fee from the Investment amount 2. Divide new investment amount (step 1) by the price per share 3. Be careful of rounding. A 109 shares to purchase stock in a company. The broker charges a set fee of $7 per transaction. If the shares are worth $7.69/sh and you have $850 to invest, how many shares can you purchase? CA 0:00/0:17 Speed: 1x Paused Hint: 1. Subtract the broker fee from the Investment amount 2. Divide new investment amount (step 1) by the price per share 3. Be careful of rounding. A 109 shares