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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 65
Solve the following application problems.
WRITING A WILL In her will, Barbara Bains stated that the trustee should purchase 300 shares of McDonalds and 200 shares of Wal-Mart and give the stock to her grandson on his 25th birthday. If the stocks are selling for $58.70 per share and $52.20 per share, respectively, find the total amount paid, ignoring broker's commissions.
WRITING A WILL In her will, Barbara Bains stated that the trustee should purchase 300 shares of McDonalds and 200 shares of Wal-Mart and give the stock to her grandson on his 25th birthday. If the stocks are selling for $58.70 per share and $52.20 per share, respectively, find the total amount paid, ignoring broker's commissions.
Explanation
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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