Darlene purchases 20,000 worth of stock on her brokers advice and pays her broker a 1.5% broker fee darlene purchases 20,000 worth of stock on your brokers advice and pays her broker a 1.5% broker freeshe sells her stock when it increases to $28,600.02 years later and uses a discount broker who charges $21 per trade compute Darlenes net proceeds after the broker fees are taken out

Darlene's net proceeds after the broker fees are taken out is $8,279.

Step-by-step explanation:

From the question, the following can be obtained:

Basic cost of purchase of the stock = $20,000

Broker fee related to purchase = Basic cost of purchase of the stock * 1.5% = $20,000 * 1.5% = 300

Total cost of purchase of the stock = Basic cost of purchase of the stock + Broker fee related to purchase = $20,000 + 300 = $20,300

Selling price = $28,600

Broker fees related sales = 21

The net proceed can therefore be calculated as follows:

Net proceeds = Selling price - Broker fees related sales - Total cost of purchase of the stock  = $28,600 - $21 - $20,300 = $8,279

Therefore, Darlene's net proceeds after the broker fees are taken out is $8,279.

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )

answer: about 22.67

step-by-step explanation: