Lina111 Lina111

14-08-2015
Mathematics

Answered

A stockbroker earns a base salary of 40000 dollar plus 5%of the total value of the stocks,mutual funds , and other investments that the stockbroker

sells.last year, the stockbroker earned 72750 dollar. what was the total value of investments the stockbroker sold?

Verified Answer :

Anonymous Anonymous

14-08-2015

Well his salary is $40,000 dollars.

$72,750 - $40,000 = $32,750

This means that 5% of the value of investments he had sold was equal to $32,750.

@@MATH_TOKEN_0@@

The stockbroker sold $655,000 worth of investments.

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