Use the following information about Sunoco stock.
52 weeks
If you purchase 350 shares of Sunoco stock at $\$ 91.25$ per share and the broker's commission is $2.3 \%$, find the total cost of the purchase. Round your answer to the nearest cent, if necessary.

Answer

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Answer

Round the total cost to the nearest cent: $\boxed{32672.06}$

Steps

Step 1 ：Calculate the cost of shares: $350 \times 91.25 = 31937.5$

Step 2 ：Calculate the broker's commission: $31937.5 \times 0.023 = 734.5625$

Step 3 ：Find the total cost: $31937.5 + 734.5625 = 32672.0625$

Step 4 ：Round the total cost to the nearest cent: $\boxed{32672.06}$