Answer :
Let's complete the table step by step by calculating the commissions and adding them to the total costs for each stock. We have three stocks to consider.
We'll use the rows as follows:
1. 100 shares of stock XYZ at \[tex]$16.25 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 100 \text{ shares} \times \$[/tex]16.25 \text{ per share} = \[tex]$1,625\] - Calculate the commission (assuming a commission rate of 2%): \[\text{Commission} = \$[/tex]1,625 \times 0.02 = \[tex]$32.50\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]1,625 + \[tex]$32.50 = \$[/tex]1,657.50\]
2. 50 shares of stock ABC at \[tex]$29.32 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 50 \text{ shares} \times \$[/tex]29.32 \text{ per share} = \[tex]$1,466\] - Calculate the commission: \[\text{Commission} = \$[/tex]1,466 \times 0.02 = \[tex]$29.32\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]1,466 + \[tex]$29.32 = \$[/tex]1,495.32\]
3. 400 shares of stock QQQ at \[tex]$11.77 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 400 \text{ shares} \times \$[/tex]11.77 \text{ per share} = \[tex]$4,708\] - Calculate the commission: \[\text{Commission} = \$[/tex]4,708 \times 0.02 = \[tex]$94.16\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]4,708 + \[tex]$94.16 = \$[/tex]4,802.16\]
Updating the provided table with these values:
[tex]\[ \begin{tabular}{|c|c|c|c|c|c|c|} \hline Number of Shares & Price per share & Total & Commission & Total Cost \\ \hline 100 XYZ & \$16.25 & \$1,625 & \$32.50 & \$1,657.50 \\ \hline 50 ABC & \$29.32 & \$1,466 & \$29.32 & \$1,495.32 \\ \hline 400 QQQ & \$11.77 & \$4,708 & \$94.16 & \$4,802.16 \\ \hline \end{tabular} \][/tex]
The completed table now accurately reflects the total cost including the commission for each stock purchase.
We'll use the rows as follows:
1. 100 shares of stock XYZ at \[tex]$16.25 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 100 \text{ shares} \times \$[/tex]16.25 \text{ per share} = \[tex]$1,625\] - Calculate the commission (assuming a commission rate of 2%): \[\text{Commission} = \$[/tex]1,625 \times 0.02 = \[tex]$32.50\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]1,625 + \[tex]$32.50 = \$[/tex]1,657.50\]
2. 50 shares of stock ABC at \[tex]$29.32 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 50 \text{ shares} \times \$[/tex]29.32 \text{ per share} = \[tex]$1,466\] - Calculate the commission: \[\text{Commission} = \$[/tex]1,466 \times 0.02 = \[tex]$29.32\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]1,466 + \[tex]$29.32 = \$[/tex]1,495.32\]
3. 400 shares of stock QQQ at \[tex]$11.77 each: - Calculate the total cost without commission: \[\text{Total Cost without commission} = 400 \text{ shares} \times \$[/tex]11.77 \text{ per share} = \[tex]$4,708\] - Calculate the commission: \[\text{Commission} = \$[/tex]4,708 \times 0.02 = \[tex]$94.16\] - Add the commission to the total cost: \[\text{Total Cost with commission} = \$[/tex]4,708 + \[tex]$94.16 = \$[/tex]4,802.16\]
Updating the provided table with these values:
[tex]\[ \begin{tabular}{|c|c|c|c|c|c|c|} \hline Number of Shares & Price per share & Total & Commission & Total Cost \\ \hline 100 XYZ & \$16.25 & \$1,625 & \$32.50 & \$1,657.50 \\ \hline 50 ABC & \$29.32 & \$1,466 & \$29.32 & \$1,495.32 \\ \hline 400 QQQ & \$11.77 & \$4,708 & \$94.16 & \$4,802.16 \\ \hline \end{tabular} \][/tex]
The completed table now accurately reflects the total cost including the commission for each stock purchase.