SOLUTION: math problem solve a person invested 20,000 in stocks and bonds. Her investment in bonds is 2,000 more than half her investment in stocks. How much did she invest in stocks? how m
Algebra.Com
Question 1041133: math problem solve a person invested 20,000 in stocks and bonds. Her investment in bonds is 2,000 more than half her investment in stocks. How much did she invest in stocks? how much did she invest in bonds?
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
Let s be the amount invested in stocks; then the amount invested in bonds is 20000-s. So:
20000-s=(s/2)+2000
40000-2s=s+4000
3s=36000
s=12000 invested in stocks
20000-s=8000 invested in bonds. ☺☺☺☺
RELATED QUESTIONS
a person invested $25,000 in stocks and bonds. Her investment in bonds is $1000 more than (answered by ewatrrr)
a person invested $15,000 in stocks and bonds. Her investment in bonds is $3000 more than (answered by sachi)
Jon invested a total of $12,000 in stocks, bonds, and mutual funds. She Received a 10%... (answered by ptaylor,edjones)
Problem on page 23 number 110
Diversification - Helen has 1/5 of her portfolio in U.S. (answered by 24HoursTutor.com)
Marko invested $300 000 in stocks, bonds and a savings account at the rates shown on the... (answered by richwmiller)
Marko invested $300 000 in stocks, bonds and a savings account at the rates shown on the... (answered by ankor@dixie-net.com)
Successful scholarship fund received a gift of $110000. The money is invested in stocks... (answered by greenestamps)
CAN YOU HELP ME UNDERSTAND HOW TO SOLVE THESE THANKS...
pROBLEM #22
Use the union rule... (answered by scianci)
a woman has some stocks that yield 5% annually and some bonds that yield 10%. If her... (answered by mananth)