SOLUTION: samantha, lauren, and jerry own shares of the same stock with a total value of $7,650. if samantha owns fifthy shares, lauren owns seventy shares, and jerry owns thirty shares, wha

Algebra ->  Human-and-algebraic-language -> SOLUTION: samantha, lauren, and jerry own shares of the same stock with a total value of $7,650. if samantha owns fifthy shares, lauren owns seventy shares, and jerry owns thirty shares, wha      Log On


   

Question 473078: samantha, lauren, and jerry own shares of the same stock with a total value of $7,650. if samantha owns fifthy shares, lauren owns seventy shares, and jerry owns thirty shares, what is the value in dollars of lauren's stock?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
samantha, lauren, and jerry own shares of the same stock with a total value of $7,650. if samantha owns fifty shares, lauren owns seventy shares, and jerry owns thirty shares, what is the value in dollars of lauren's stock?
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Equations:
# of shares: 50+70+30 = 150
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Each share is worth 7650/150 = $51
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Lauren has 70 shares worth 70*51 = $3570
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Cheers,
Stan H.