document.write( "Question 701091: Hello - I need assistance. I have a problem that I can't seem to figure out; please see below,\r
\n" );
document.write( "\n" );
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
\n" );
document.write( "\n" );
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
\n" );
document.write( "\n" );
document.write( "Thanks. \n" );
document.write( "
Algebra.Com's Answer #432211 by neatmath(302)![]() ![]() You can put this solution on YOUR website! I believe the two equations you would need are: \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( "Using elemination seems to be the easiest method to solve: \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( "Add this to the second equation to get: \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( "Then substitue back in Equation 1: \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( " \r \n" ); document.write( "\n" ); document.write( "So we have 100 shares of Stock A, and 200 shares of Stock B! \r \n" ); document.write( "\n" ); document.write( "I hope this helps! Keep practicing! :) \r \n" ); document.write( "\n" ); document.write( "******************************************************* \r \n" ); document.write( "\n" ); document.write( "Please visit the new all-ages Neat Math Facebook Page: www.facebook.com/neatmath \r \n" ); document.write( "\n" ); document.write( "to find math links or to post questions and comments on many math topics. \r \n" ); document.write( "\n" ); document.write( "Email Scott King: neatmath@yahoo.com for help with specific problems, \r \n" ); document.write( "\n" ); document.write( "or to inquire about income sensitive, low-cost or no-cost mathematics tutoring via email or other methods. \r \n" ); document.write( "\n" ); document.write( "Paypal is always accepted for detailed assistance with single problems, send contributions to: neatmath@yahoo.com \r \n" ); document.write( "\n" ); document.write( "Single problems would range from 50 cents to 5 dollars each, depending on their complexity. \r \n" ); document.write( "\n" ); document.write( "Assistance for single problems can be done via email with scans or photos to help illustrate concepts. \r \n" ); document.write( "\n" ); document.write( "Thank you and good luck with all your future studies! \n" ); document.write( " |