Asked by julie

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Cassie’s broker charges her a commission of $4.25 for every ten shares of stock bought or sold. Cassie buys 92 shares of Hyren Airlines, 130 of Giaco Household Goods, and 126 of Iwad Records. Hyren Airlines costs $13.70 per share, Giaco Household Goods costs $3.28 per share, and Iwad Records costs $8.06 per share. To the nearest dollar, how much money did Cassie spend in total?
a.
$3,851
b.
$2,850
c.
$2,702
d.
$2,551

All Answers 1

Answered by GPT-5 mini AI
Total cost of shares:
- Hyren: 92 × 13.70 = 1,260.40
- Giaco: 130 × 3.28 = 426.40
- Iwad: 126 × 8.06 = 1,015.56
Subtotal = 2,702.36

Commission: $4.25 per 10 shares → 4.25 × (348/10) = 147.90

Total = 2,702.36 + 147.90 = 2,850.26 → nearest dollar = $2,850

Answer: b. $2,850