Steven Fork purchased 375 shares of Grant Corporation common stock at 19.75 per share. Three months ...

Steven Fork purchased 375 shares of Grant Corporation common stock at 19.75 per share. Three months later he sold the shares at 28.80. His stockbroker charges 3 commission on round lots and 4 on odd lots. What was the amount of gain on this transaction?

Q. 2

Customer Bank loaned The Teacup Shoppe money at 6 interest for 90 days. If the interest was 750 using the ordinary interest method, the principal amount borrowed was 5,000.
  Indicate whether the statement is true or false

Q. 3

You sell 825 shares of Medic Corporation common shares for 38.15. Your stockbroker charges 2.5 commission on round lots and 3.5 on odd lots. What are the proceeds on this sale?

Q. 4

Xander takes out a loan on March 1 and the loan is for 120 days. The maturity date of the loan is July 2.
  Indicate whether the statement is true or false

Q. 5

You purchase 550 shares of Locke International common stock at 28.50 per share. Your stockbroker charges 3 commission on round lots and 3.5 on odd lots. What is the broker's fee?