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dimitri buys 75 shares of a stock at $120 each and makes 6 trades. the …

Question

dimitri buys 75 shares of a stock at $120 each and makes 6 trades. the transaction fee is $20 per trade. what is the total amount dimitri pays in transaction fees?

Explanation:

Step1: Identify number of trades and fee per trade

The number of trades is 6 and the fee per trade is $20.

Step2: Calculate total transaction fees

Multiply number of trades by fee per trade: $6\times20 = 120$.

Answer:

$120