Ernesto Montenegro purchase a twelve 1000 Bonds having a quoted price of 100.75 he have to pay a 6% brokerage fee of the same price. What was the total cost of the bonds to the nearest cent

$106.8

Step-by-step explanation:

Given that the bond price is $100.75

With a 6% brokerage fee

Find the total cost to the nearest cent

First, we calculate the 6% brokerage fee= 6/100 × 100.75

= 0.06 x 100.75

= 6.045

Total cost therefore is the sum of brokerage fee and the cost of bond

= $6.045 + $100.75

= $106.795

To the nearest cent = $106.8

x = ± 6i

step-by-step explanation:

x^2 = -36

take the square root of each side

sqrt(x^2) = sqrt(-36)

we know sqrt(ab) = sqrt(a) sqrt(b)

x = ±sqrt(36) sqrt(-1)

we know that sqrt (-1) = i

x = ± 6i