document.write( "Question 825227: Wei has three types of shares: A, B and C. A shares pay 8%, B shares pay 6% and C shares pay 11% dividends. Wei has twice as much invested in B shares as A shares, and has 50000 invested altogether. The yearly return from the share dividends is $4850. How much is invested in each type of share❔\r
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document.write( "THANKS 😄 \n" );
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Algebra.Com's Answer #497159 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Wei has three types of shares: \n" ); document.write( "A, B and C. A shares pay 8%, B shares pay 6% and C shares pay 11% dividends. \n" ); document.write( "Wei has twice as much invested in B shares as A shares, \n" ); document.write( "and has 50000 invested altogether. \n" ); document.write( "The yearly return from the share dividends is $4850. \n" ); document.write( "How much is invested in each type of share. \n" ); document.write( "================================================= \n" ); document.write( "Equations: \n" ); document.write( "Quantity:: a + b + c = 50000 \n" ); document.write( "Interest::8a + 6b + 11c = 485000 \n" ); document.write( "Quantity:: b = 2a \n" ); document.write( "====== \n" ); document.write( "a + b + c = 5000 \n" ); document.write( "8a+6b +11c = 485000 \n" ); document.write( "2a-b + 0 = 0 \n" ); document.write( "===================== \n" ); document.write( "I used my TI-84 to get: \n" ); document.write( "a = $5000 \n" ); document.write( "b = $10,000 \n" ); document.write( "c = $35,000 \n" ); document.write( "==================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "==================== \n" ); document.write( " \n" ); document.write( " |