document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=324274>Question 324274</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose Wal-Mart stock is selling at $59 a share,and Mattel stock is selling at 28 a share. Amy has a maximum of $6000 to invest. she wishes to purchase four times as many shares of Wal-Mart as Mattel. Only whole shares of stock can be purchased. <BR>\n" );
document.write( "A) how many shares of each will she purchase? <BR>\n" );
document.write( "B) how much money will be left over.<BR>\n" );
document.write( "I have tried figuring it out but can not. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #232091 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=232091\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Wal-Mart stock  $59 a share,<BR>\n" );
document.write( "Mattel stock 28 a share. <BR>\n" );
document.write( "Amy has a maximum of $6000 to invest. <BR>\n" );
document.write( "she wishes to purchase four times as many shares of Wal-Mart as Mattel<BR>\n" );
document.write( "..<BR>\n" );
document.write( "let Mattel shares she buys be x<BR>\n" );
document.write( "Mattel stock 28 a share.  <BR>\n" );
document.write( "Wal-Mart will be 4x<BR>\n" );
document.write( "Wal-Mart stock  $59 a share,<BR>\n" );
document.write( "Amount invested = $ 6000<BR>\n" );
document.write( "..<BR>\n" );
document.write( "28x+59*4x<6000<BR>\n" );
document.write( "28x+236x<6000<BR>\n" );
document.write( "264x< 6000<BR>\n" );
document.write( "x< 6000/264<BR>\n" );
document.write( "x<22.4<BR>\n" );
document.write( "So she buys 22 shares of Mattel<BR>\n" );
document.write( "Wal-Mart will be 4x = 4*22=88 shares\r<BR>\n" );
document.write( "\n" );
document.write( "88*59 +22*28= 5808<BR>\n" );
document.write( "6000-5808=192<BR>\n" );
document.write( "She has $192 balance after buying 22 shares of Mattel & 88 shares of Wal-Mart.\r<BR>\n" );
document.write( "\n" );
document.write( "CHECK<BR>\n" );
document.write( "IN the balance $192 she cannot buy 1 share of Mattel & 4 shares of Wal-Mart which will cost 59*4 +28*1=$264 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );