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Answered

Juaquin made three trades through his online discount broker, Electro-Trade. Electro-Trade
charges a fee of x dollars per trade. Juaquin's first purchase was for $2,456, his second
purchase was for $3,000, and his third purchase was for $2,119. If the total of the purchases
was $7,623 including broker fees, what does Electro-Trade charge per trade?

Answer :

Answer:

Charge per trade fee =$16

1st trade =$2,456+16 =  $2,472    2nd trade  $3,000+16=$3,016   3rd trade $2,119+16 =$2135    CounterCheck = $2,472  +$3,016 +$2135 = $7623

Step-by-step explanation:

charges a fee of x dollars per trade=$2,456 $3,000 $2,119= $7575  We then subtract from the broker fee/trade total $7,623 -$7575=$48 Then we divide by 3 to account for each per trade. 48/ 3 = $16

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