document.write( "Question 971886: You invest $5000 in two stocks. In one year, the value of stock A increases by 9.8% and the value of stock B increases by 6.2%. The total value of the stocks is now $ 5389.20 How much did you originally invest in each stock? \n" ); document.write( "
Algebra.Com's Answer #594287 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x=invested in stock a \n" ); document.write( "5000-x = invested in stock b\r \n" ); document.write( "\n" ); document.write( "x *.098= gain on stock a \n" ); document.write( "(5000-x) * (.062)= gain on stock b\r \n" ); document.write( "\n" ); document.write( ".098x +310-.062x = 389.20 (5389.20-5000)\r \n" ); document.write( "\n" ); document.write( ".036 x +310 -389.20 \n" ); document.write( ".036 x =79.20 \n" ); document.write( "x=$2200 stock a\r \n" ); document.write( "\n" ); document.write( "5000-x=$2800 stock b\r \n" ); document.write( "\n" ); document.write( "2200*.098= $215.60 \n" ); document.write( "2800*.062= $173.60\r \n" ); document.write( "\n" ); document.write( "they add to $389.20 \n" ); document.write( " |