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Daisy's portfolio is valued at **$109,000**, which is less than $150,000. Therefore, we need to use the fee schedule for portfolios less than $150,000 when calculating her broker fees.

For trades using a broker, the fee consists of:
- **0.75% commission** of the trade amount
- **Online fee** of $15 per trade

Let's calculate the total cost for the 5 trades:

1. **Commission cost**: 
   - The total trade amount is **$10,000**.
   - Commission = $ 0.75\% \times 10,000 = 0.0075 \times 10,000 = 75 $ dollars.

2. **Online fee**:
   - The online fee is **$15 per trade**.
   - For 5 trades: $ 15 \times 5 = 75 $ dollars.

3. **Total cost**:
   - Total cost = **Commission cost** + **Online fee**
   - Total cost = **$75 + $75 = $150**.

Thus, the total cost of Daisy's trades is **$150** of broker fees.

Would you like further explanation, or do you have any questions?

### Related Questions:
1. How would the fees change if her portfolio were worth more than $150,000?
2. What would happen if Daisy used automated telephone trades instead?
3. How does the commission affect overall costs when the total trade value changes?
4. What is the impact of making more trades on the total cost?
5. Can you calculate the fees if she only made 3 trades instead of 5?

**Tip**: When calculating broker fees, remember to include both the commission and any fixed fees associated with each trade.

Daisy (whose portfolio is worth $109,000) used a broker to complete 5 trades for $10,000 total. What is the cost of her trades using a broker last year?

Find out how to calculate brokerage fees for a $109,000 portfolio with 5 trades totaling $10,000. Learn how the 0.75% commission and $15 per trade online fee impact the total cost, resulting in $150 in broker fees. Suitable for middle school students learning about percentages and fees.

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