document.write( "Question 159683: Dr.D.Jones has a total of $3000 invested in two stocks. Stock A pays dividends at the rate of 6% and stock B at the rate of 8%. If her dividends from the two stocks total $220 per year, how much did she invest in each stock? ( include let statements and show work ) \n" ); document.write( "
Algebra.Com's Answer #117829 by ankor@dixie-net.com(22740)\"\" \"About 
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Dr.D.Jones has a total of $3000 invested in two stocks. Stock A pays dividends at the rate of 6% and stock B at the rate of 8%. If her dividends from the two stocks total $220 per year, how much did she invest in each stock?
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\n" ); document.write( "Let x = amt in B stock (8%)
\n" ); document.write( "then
\n" ); document.write( "Let (3000-x) = amt in A stock (6%)
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\n" ); document.write( "Write a decimal equiv interest equation:
\n" ); document.write( ".08x + .06(3000-x) = 220
\n" ); document.write( ":
\n" ); document.write( ".08x + 180 - .08x = 220
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\n" ); document.write( ".08x - .06x = 220 - 180
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\n" ); document.write( ".02x = 40
\n" ); document.write( "x = \"40%2F.02\"
\n" ); document.write( "x = $2000 invested in Stock B at 8%
\n" ); document.write( "then
\n" ); document.write( "3000 - 2000 = $1000 invested in Stock A at 6%
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\n" ); document.write( "Check solution in original interest equation
\n" ); document.write( ".08(2000) + .06(1000) =
\n" ); document.write( "160 + 60 = 220
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