Jamie Presner purchased 100 shares of Bank of Montreal for $86.00 Jamie also paid $50 commission.What was the total purchase price for this transaction?

Name: Jamie Presner purchased 100 shares of Bank of Montreal for $86.00 Jamie also paid $50 commission.What was the total purchase price for this transaction?
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Question

Quizplus · Accepted Answer

The total purchase price is calculated by multiplying the number of shares (100) by the price per share ($86.00) and then adding the commission ($50). This equals $8,600 + $50 = $8,650.00.

Jamie Presner Purchased 100 Shares of Bank of Montreal for $86.00