SOLUTION: What rational equation would I use to solve the problem:
Amy invested a total of $21,000 in stocks and bonds. If the amount invested in bonds is half that invested in stocks, how
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Amy invested a total of $21,000 in stocks and bonds. If the amount invested in bonds is half that invested in stocks, how
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Question 850150: What rational equation would I use to solve the problem:
Amy invested a total of $21,000 in stocks and bonds. If the amount invested in bonds is half that invested in stocks, how much is invested in each category?
Thank you!
Dana :) Answer by rothauserc(4718) (Show Source):
You can put this solution on YOUR website! stock investment is x and bonds invested is x/2, therefore
x + x/2 = 21000
3x/2 = 21000
3x = 42000
x = 14000
$14,000 invested in stocks
$7,000 invested in bonds