document.write( "Question 701091: Hello - I need assistance. I have a problem that I can't seem to figure out; please see below,\r
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document.write( "A person has 17,000 invested in stock A and stock B. Stock A currently sells for $50 a share and stock B sells for $60 a share. If stock B doubles in value and stock A goes up 50%, his stock will be worth $31,500. How many shares of each stock does he own?\r
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document.write( "Word problems are the worst for me because I am never sure where to start. Once I have the equation I can solve but getting it is the problem. If you can help I would greatly appreciate it.\r
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document.write( "Thanks. \n" );
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Algebra.Com's Answer #432210 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A person has 17,000 invested in stock A and stock B. Stock A currently sells for $50 a share and stock B sells for $60 a share. If stock B doubles in value and stock A goes up 50%, his stock will be worth $31,500. How many shares of each stock does he own? \n" ); document.write( "------------- \n" ); document.write( "Quantity Eq: A + B = 17000 stocks \n" ); document.write( "Value Eq: 1.5*50A +2*60B = 31,500 dollars \n" ); document.write( "------ \n" ); document.write( "Those are the equations you want. \n" ); document.write( "Note; Word Problems are simple if you read carefully. \n" ); document.write( "Just symbolize what the words tell you. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |