document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=369248>Question 369248</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 of 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" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #263112 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16948)</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=263112\">put this solution on YOUR website!</A><BR><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 of Mattel. Only whole shares of stock can be purchased.<BR>\n" );
document.write( "Mattel - number of shares = x<BR>\n" );
document.write( "Cost of Mattel shares = 28x\r<BR>\n" );
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document.write( "Wal-Mart $ 59 : 4x shares<BR>\n" );
document.write( "..<BR>\n" );
document.write( "Mattel<BR>\n" );
document.write( "Total = $ 6000<BR>\n" );
document.write( "..<BR>\n" );
document.write( "28x+59*4x=6000<BR>\n" );
document.write( "...<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 shares of Mattel<BR>\n" );
document.write( "4x= 4*22= 88 shares of Wal-Mart<BR>\n" );
document.write( "..<BR>\n" );
document.write( "88*59+22*28= $ 5808<BR>\n" );
document.write( "$ 6000-$5808=$192 balance<BR>\n" );
document.write( "...<BR>\n" );
document.write( "m.ananth@hotmail.ca\r<BR>\n" );
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