What is the total cost when you purchase 100 shares at $44 each and the commission is $11
A)$44
B)$53
C)$4400
D)$4411
E)$5500

Name: What is the total cost when you purchase 100 shares at $44 each and the commission is $11 A)$44 B)$53 C)$4400 D)$4411 E)$5500
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

To calculate the total cost, we need to multiply the price per share by the number of shares and add the commission:

Total cost = (100 x $44) + $11 = $4,400 + $11 = $4,411

Therefore, the best choice is D.

What Is the Total Cost When You Purchase 100 Shares