Eleanor purchased $2,568 worth of stock and paid her broker a 0.5% fee. she sold the stock when the stock price increases to $3,298, using an online broker that charged $7 per trade. what are her net proceeds? a. $755.68 b. $851.40 c. $735.84 d. $710.16

The correct option is D.

Step-by-step explanation:

It is given that Eleanor purchased $2,568 worth of stock and paid her broker a 0.5% fee.

Total cost price of stock is

She sold the stock when the stock price increases to $3,298, using an online broker that charged $7 per trade. So, her net profit is

Eleanor net proceed is $710.16.

Therefore the correct option is D.

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step-by-step explanation: