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Jody bought 20 shares of Amazon at the close price of $121.00. She bought 20 more shares a year later at the price of $127.00. Two years later, she sold all of her shares at the price of $133.00. Her broker charges $50 for each transaction. How much money will Jody receive after her last transaction?

A. $5430.00
B. $5320.00
C. $5170.00
D. $5280.00

Respuesta :

tattum2018
jody will recieve 5170.00
TaeKwonDoIsDead

Answer:

C


Step-by-step explanation:

In total 3 transactions, Jody's broker will take $50*3=$150

Her last transaction will get her ($133 per share for 20+20=40 shares):

[tex]40*133=5320[/tex]


But she will get 150 less than 5320 because of broker's charges. She will get:

5320 - 150 = $5170

Answer choice C is right.

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