Stephen bought 85 shares of United Rotators at $6.34 each, 110 shares of Dowc Beverage Co. at $13.13 apiece, and 133 shares of Esti Transport at $7.10 each. If Stephen’s broker collects a commission of $12.50 for every ten shares bought or sold, how much did Stephen spend in total, to the nearest dollar?

$3,338

Explanation:

First, calculate the total amount spent for each type of share;

(85 *$6.34) + (110*$13.13 ) + (133 * $7.10) = $2,927.50

Next, divide the total number of shares by 10 to find how many stacks of 10 yo'll pay fees on;

Total shares =  85 +110 +133 = 328 shares

328/10 = 32.8 stacks of shares.

Total fees = 32.8* $12.50 = $410

Therefore, the total amount Stephen spends = $2,927.50 + $410 = $3,338

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