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Sagot :
Lenny's net proceeds algebraically are found as;[tex]\rm |xy + 20 - \frac{98}{100} |[/tex]
What is the equation?
A mathematical statement consisting of an equal symbol between two algebraic expressions with the same value is known as an equation.
Let the bought share will be $ x, and $y is the price per share
Paid fees to the broker = $ 20
The total amount spent = $(xy+20)
The price at which each share sells = $ A
Broker commission = 2 %
The total amount obtained after selling the shares;
⇒ ax - 2% of ax
⇒ 98 % of ax
Hence, Lenny's net proceeds algebraically are found as;[tex]\rm |xy + 20 - \frac{98}{100} |[/tex]
To learn more, about equations, refer;
https://brainly.com/question/10413253
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