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Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the investment. ( Note: commissions
Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the investment. Note: commissions are rounded to the nearest cent.
Principal Value of Stock
Under $
$ to $
Over $
Commission
$ of principal
$ of principal
$ of principal
An investor purchases shares at $ a share, holds the stock for weeks, and then sells the stock for $ a share.
The annual rate is Round to five decimal places.
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