SOLUTION: a person invested $25,000 in stocks and bonds. Her investment in bonds is $1000 more than one third her investment in stocks. How much did she invest in stocks? How much did she in
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Question 920106: a person invested $25,000 in stocks and bonds. Her investment in bonds is $1000 more than one third her investment in stocks. How much did she invest in stocks? How much did she invest in bonds?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
x invested in stocks
(x/3 +1000) invested in bonds
|Multiplying thru by 3 so as all denominators = 1
3x + x + 3000 = $75000
4x = $72000
x = $18,000, invested in stocks
Bonds $7,000
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