document.write( "Question 476501: As a college graduation gift, your Aunt plans to buy shares of two stocks for you. The first costs $23 and she pays $1.40 in dividends per share. The second costs $32 and pays $1.20 per share in dividends. If she has $10,100 to spend and wants you to earn $540 individends, how many of each stock should she buy? \n" ); document.write( "

Algebra.Com's Answer #326684 by mananth(16946) $\"\"$ $\"About$

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$23 stock x numbers 1.4
\n" ); document.write( "$32 stock y numbers 1.2
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\n" ); document.write( "23 x + 32 y = 10100 .............1
\n" ); document.write( "1.4 x + 1.2 y = 540 .............2
\n" ); document.write( "
\n" ); document.write( "multiply (1)by -1.2
\n" ); document.write( "Multiply (2) by 32
\n" ); document.write( "-27.6 x -38.4 y = -12120
\n" ); document.write( "44.8 x + 38.4 y = 17280
\n" ); document.write( "Add the two equations
\n" ); document.write( "17.2 x = 5160
\n" ); document.write( "/ 17.2
\n" ); document.write( "x = 300
\n" ); document.write( "plug value of x in (1)
\n" ); document.write( "23 x + 32 y = 10100
\n" ); document.write( "6900 + 32 y = 10100
\n" ); document.write( " 32 y = 10100 -6900
\n" ); document.write( " 32 y = 3200
\n" ); document.write( " y = 100
\n" ); document.write( "$23 stock 300 numbers
\n" ); document.write( "$32 stock 100 numbers
\n" ); document.write( "m.ananth@hotmail.ca
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