If you purchase 831 shares of Wal-Mart stock at $61.17  per share and the broker's commission is  2.0% , find the total cost of the purchase. Round your answer to the nearest cent, if necessary.   The total cost of the purchase is  $

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Use the following information about Wal-Mart stock.

52 weeks
HI
LO
STOCK
DIV
YLD%
/PE
VOL
1000s
CLOSE
NET
CHG
53.43
43.47
WMT
0.72
1.3
16
9666
50.97
−0.11

If you purchase 831 shares of Wal-Mart stock at $61.17

 per share and the broker's commission is 

2.0%

, find the total cost of the purchase. Round your answer to the nearest cent, if necessary.

 

The total cost of the purchase is 

$

 

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