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Mathematics, 18.03.2021 23:40 billy1123

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Fee Schedule
Fee
per
Trade
Commission
$10
1% commission
plus fees per trade
portfolio less than
$100,000
portfolio equal to or
greater than
$100,000
$8
0.75% commission
plus fees per trade
Joe's broker's fee schedule is given in the table. Joe's current portfolio is worth $50,000. He wants to purchase 50 shares of a company's stock for
a purchase price of $15 per share.
Joe will need to pay a commission of
The total amount charged by the broker will be


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