SOLUTION: I need step by step instructions on how to solve the following:
Michael Franklin has $26,000 invested in stock A and stock B. Stock A currently sells for $30 a share and stock B
Algebra ->
Linear-equations
-> SOLUTION: I need step by step instructions on how to solve the following:
Michael Franklin has $26,000 invested in stock A and stock B. Stock A currently sells for $30 a share and stock B
Log On
Question 576396: I need step by step instructions on how to solve the following:
Michael Franklin has $26,000 invested in stock A and stock B. Stock A currently sells for $30 a share and stock B sells for $70 a share. If stock B triples in value and stock A goes up 50%, his stock will be worth $60,000. How many shares of each stock does he own? Answer by solver91311(24713) (Show Source):
