document.write( "Question 712610: Please help me solve this. \r
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document.write( "An investment of $11,050 is divided into two accounts, one for stocks and one for mutual funds. The value of the stock account is $1,700 less than twice the value of the mutual fund account. Find the amount in the stock account.\r
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document.write( "I do appreciate any help you could offer! Thank you for your time! \n" );
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Algebra.Com's Answer #438081 by nerdybill(7384) You can put this solution on YOUR website! An investment of $11,050 is divided into two accounts, one for stocks and one for mutual funds. The value of the stock account is $1,700 less than twice the value of the mutual fund account. Find the amount in the stock account. \n" ); document.write( ". \n" ); document.write( "Let x = amount ($) of stock account \n" ); document.write( "then \n" ); document.write( "11050-x = amount ($) in mutual funds \n" ); document.write( ". \n" ); document.write( "From:\"The value of the stock account is $1,700 less than twice the value of the mutual fund account.\" we get our equation: \n" ); document.write( "x = 2(11050-x) - 1700 \n" ); document.write( "x = 22100-2x - 1700 \n" ); document.write( "3x = 22100 - 1700 \n" ); document.write( "3x = 20400 \n" ); document.write( "x = $6800\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |