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Business, 10.02.2021 05:10 needhelpasap4900

Rick Mendez bought stock for $5,000, using $2.500 of his own money and $2,500 borrowed from the broker. One month later, the stock is sold for S5,650. Interest owed to the broker is $30;
brokerage commissions to buy and sell the stock totaled $300.

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