SOLUTION: suppose that you received an unexpected inheritance of $17600. you have decided to invest some of the money in stocks and some in bonds. To diversify, you decide that three times t

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Question 225013: suppose that you received an unexpected inheritance of $17600. you have decided to invest some of the money in stocks and some in bonds. To diversify, you decide that three times the amount in bonds should equal five times the amount invested in stocks. How much should be invested in stocks and how much in bonds?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
3x+5x=17600
8x=17600
x=2200
3x=$6600 bonds
5x=$11000 stocks