Your broker charges a commission of 5.1% of the cost of the stock you sell. If you sell a batch of stocks worth $2,617.75, how much commission will you owe your broker?

Convert 5.1% to a decimal: 0.051. Multiply the stock value by the commission rate: $2,617.75 × 0.051 = $133.50525, which rounds to $133.51. The commission is $133.51, choice A.

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