SOLUTION: Matthew has two different stocks. One of the stocks is worth twice as much per share as the other. He has 14 shares of the more valuable stock and 26 shares of the other stock. His

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Matthew has two different stocks. One of the stocks is worth twice as much per share as the other. He has 14 shares of the more valuable stock and 26 shares of the other stock. His      Log On


   

Question 439229: Matthew has two different stocks. One of the stocks is worth twice as much per share as the other. He has 14 shares of the more valuable stock and 26 shares of the other stock. His total assets in stocks is $2106. How much is the more expensive stock per share?
Thanks!
Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
14(2x)+26(x)=$2106
28x+26x=2106
54x=2106
x=39
2x=78
The more expensive stock is $78.00 per share.