document.write( "Question 139510: 3. An investor bought 500 shares of stock , some at $ 3.50 per share and some at $6.00 per share. If the total cost was $ 2187.50, how many shares of each stock did the investor buy?
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document.write( "(a) How will you set up the problem?
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document.write( "(b) What is the equation in terms of the variables?
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document.write( "(c) Which shares are more?
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Algebra.Com's Answer #101746 by frostusna(7)![]() ![]() ![]() You can put this solution on YOUR website! You have two unknowns, the number of each stock bought, so you need two equations. \r \n" ); document.write( "\n" ); document.write( "First, let x=number of stock at $3.50 and y=number of stock at $6.00.\r \n" ); document.write( "\n" ); document.write( "We know that \n" ); document.write( "and we know \n" ); document.write( "\n" ); document.write( "Solve the first equation for y: \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |