# algebra 2

posted by anthony

Suppose that you have received 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 in bonds should equal three times the amount invested in stocks. How much should be invested in stocks? Bonds?

Need to know how to set it up!! Hellp

1. drwls

Let B be the amount in stocks and S be the amount in bonds. Do the algebra.

5 B = 3 S
B + S = 36,000
5B + 5S = 180,000
Substitute 3S for 5B
8S = 180,000
S = 22,500
B = 36,000 - S = 13,500

## Similar Questions

A man has decided to invest at most \$90,000 in securities in the form of corporate stocks. He has three options: blue chip stocks he assumes will yield a 6% return, growth stocks @ 12%, and speculative stocks @ 20%. No more than 25% …
2. ### accounting

Mr. and Mrs. Garcia have a total of \$ 100,000 to be invested in stocks, bonds, and a money market account.The stocks have a rate of return of 12%/ year, while the bonds and the money market account pay 8% and 4%/ year, respec-tively. …
3. ### Math

Betsy, a recent retiree, requires \$6,000 per year in extra income. She has \$60,000 to invest and can invest in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 3% per year. How much money should be invested …

suppose u invested some money at 8% simple interest for five years. if u received \$500 in interest, how much money did u invest?
5. ### Algebra 1

A person invested \$20,000 in stocks and bonds. Her investment in bonds is \$4,000 more than one third her investment in stocks. How much did she invest in stocks?
6. ### Math

formulate but do not solve the linear programming problem. Tracy has at most \$200,000 to invest in stocks,bonds, and money-market funds. She expects anual yields of 15%, 10%, and 8%, respectively, on these investments. If Tracy wants …
7. ### algebra

A person invested 20,000\$ in stocks and bonds. Her investment in bonds is 5,000\$ more than half her investment in stocks. How much did she invest in stocks?
8. ### Algebra

In actor inveseted in some money at 8% and 27,000.00 more than 3 times the amount of 12%, The annual interest is \$56480. How much did he invest at each amount?
9. ### Algebra

A stock broker has \$200,000 to invest in stocks and bonds. She wants to invest at least \$100,000 in stocks and at least \$50,000 in bonds. If stocks have an annual yield of 9% and bonds have an annual yield of 7% how much should she …
10. ### OOPS ONE MORE

How do personal savings contribute to the economy?

More Similar Questions