document.write( "Question 174523: 2. Suppose Bob owns 2,000 shares of Company X and 10,000 shares of Company Y. The total value of Bob's holdings of these two companies is $340,000.\r
\n" ); document.write( "\n" ); document.write( "Suppose Frank owns 8,000 shares of Company X and 6,000 shares of Company Y. The total value of Franks holdings of these two companies is $340,000.\r
\n" ); document.write( "\n" ); document.write( "a. Write equations for Bob and Frank's holdings. Use the variables X and Y to represent the values of shares of Company X and Company Y.\r
\n" ); document.write( "\n" ); document.write( "b. Solve for the value of a share of Company X and Company Y.
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Algebra.Com's Answer #129524 by Mathtut(3670)\"\" \"About 
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let the price per share of company X and company Y be X and Y respetively
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\n" ); document.write( "A. Bob's shares:2000X+10000Y=340000....eq 1
\n" ); document.write( " Frank's shares:8000X+6000Y=340000...eq 2
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\n" ); document.write( "B lets rewrite eq 1 to 2000X=340000-10000Y
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\n" ); document.write( "now divide by 2000 on each side
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\n" ); document.write( "X=170-5Y
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\n" ); document.write( "substitute X's value into eq 2
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\n" ); document.write( "8000(170-5Y)+6000Y=340000
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\n" ); document.write( "1360000-40000Y+6000Y=340000
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\n" ); document.write( "-34000Y=-1020000
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\n" ); document.write( "\"highlight%28Y=30%29%29\"dollars per share of company Y
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\n" ); document.write( "\"highlight%28X=170-5%2830%29=20%29\"dollars per share of companyX
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