Suki purchased $9,600 worth of stock and paid her broker a 1.75% broker fee. She had an

Question:

Suki purchased $9,600 worth of stock and paid her a 1.75% fee. She had an immediate need for cash and was forced to sell the stock when it was worth $8,800. She used a discount who charged $32.50 per trade. Compute Suki's net loss after the fees were taken out.
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...