Solar Energy, Inc. is issuing 500,000 shares of stock. Each share will be sold at $35. The underwriting commission is 3% of the value of the stock. The other expenses are expected to be 0.6% of the value of the stock. If all the shares of stock are sold, what net proceeds will Solar Energy receive?

A (U.S.) business math course typically includes a review of elementary arithmetic, including fractions, decimals, and percentages. Elementary algebra is often included as well, in the context of solving practical business problems.