You have $70,000 for investment. You will invest S dollars in stocks and B dollars in bonds. You expect a 10% return on stocks and a 2% return on bonds. You want a total return of 5% on your investment. (a) The dollar amount of the total return is 0.05 x 70,000 = $3500. What is the dollar amount of return for stocks, and what is the dollar amount for bonds? (Suggestion: Your answers will involve the variables S and B.) stocks 43750 dollars bonds 26250 dollars (b) Write a system of two equations in two unknowns that determines how much will be invested in each category. (Suggestion: One equation should show the total amount invested. The second equation should show the total dollar return.) S+B - 3500 .025 - .108 = 70,000 S+B = 3500 .10S + .028 = 70,000 S+B = 3500 .02s + .108 - 70,000 S+B = 70.000 .10S + .028 = 3500 S+B = 70,000 .10s - .02B = 3500 (c) Solve the system from part (b) to find the amount invested in stocks and the amount invested in bonds. stocks bonds x

You have $70,000 for investment. You will invest S dollars in stocks and B dollars in bonds. You expect a 10% return on stocks and a 2% return on bonds. You want a total return of 5% on your investment. (a) The dollar amount of the total return is 0.05 x 70,000 = $3500. What is the dollar amount of return for stocks, and what is the dollar amount for bonds? (Suggestion: Your answers will involve the variables S and B.) stocks 43750 dollars bonds 26250 dollars (b) Write a system of two equations in two unknowns that determines how much will be invested in each category. (Suggestion: One equation should show the total amount invested. The second equation should show the total dollar return.) S+B - 3500 .025 - .108 = 70,000 S+B = 3500 .10S + .028 = 70,000 S+B = 3500 .02s + .108 - 70,000 S+B = 70.000 .10S + .028 = 3500 S+B = 70,000 .10s - .02B = 3500 (c) Solve the system from part (b) to find the amount invested in stocks and the amount invested in bonds. stocks bonds x

Name: I just don't understand the concept of this question. A 3.5 Homework -
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Description: I just don't understand the concept of this question. A 3.5 Homework - Systems of Equa Xb Reminder Round all answers to+A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=24661514&tags=autosave#question4005688_0由You have $70,000