Math

AlgebraQ&A LibraryDuring the first quarter of 2015, Plains All American Pipeline L.P. (PAA) stock cost $50 per share and was expected to yield 5% per year in dividends, while Total SA (TOT) stock cost $50 per share and was expected to yield 6% per year in dividends.† If you invested a total of $50,000 in these stocks and expected to earn $2,655 in dividends in a year, how many shares of each stock did you purchase? PAA stock shares ?? TOT stock shares ??Question

During the first quarter of 2015, Plains All American Pipeline L.P. (PAA) stock cost $50 per share and was expected to yield 5% per year in dividends, while Total SA (TOT) stock cost $50 per share and was expected to yield 6% per year in dividends.† If you invested a total of $50,000 in these stocks and expected to earn $2,655 in dividends in a year, how many shares of each stock did you purchase?

PAA stock shares ??

TOT stock shares ??

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