Leslie purchased 300 shares of MNO Company at $⁢40 per share. Her brokerage charges a 1.5% fee on the total value of the transaction. How much did Leslie pay in broker fees for this purchase?

First find the total value of the shares: 300 × $40 = $12,000. The broker fee is 1.5% of that amount, so $12,000 × 0.015 = $180. Leslie paid $180 in broker fees, which is choice C.

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