Question 951838
"Suppose you receive an unexpected inheritance of $36,000. You have decided to invest the money by placing some of the money in stocks and some in bonds. To diversify, you decided that five times the amount invested in bonds should equal three times the amount invested in stocks. How much should be invested in stocks? How much should be invested in bonds?"
I know you have to solve this using a system of equations. I've tried using substitution and process of elimination method to solve this system:
b + s = 36,000
"five times the amount invested in bonds should equal three times the amount invested in stocks"
5b = 3s
b = {{{3/5}}}s
b = .6s
Replace with with .6s in the 1st equation