SOLUTION: Kim has invested a certain amount of money in stocks and bonds. The annual return from these investments is $650. If the stocks produce $130 more in returns than the bonds, how muc
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-> SOLUTION: Kim has invested a certain amount of money in stocks and bonds. The annual return from these investments is $650. If the stocks produce $130 more in returns than the bonds, how muc
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Question 1006766: Kim has invested a certain amount of money in stocks and bonds. The annual return from these investments is $650. If the stocks produce $130 more in returns than the bonds, how much money does Kim receive annually from each type of investment? Answer by macston(5194) (Show Source):
You can put this solution on YOUR website! .
B=return from bonds; S=return from stocks=B+$130
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B+S=$650
B+B+$130=$650
2B=$520
B=$260
ANSWER 1: Return from bonds is $260.
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S=B+$130
S=$260+$130
S=$390
ANSWER 2: Return from stocks is $390.
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CHECK:
B+S=$650
$260+$390=$650
$650=$650
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