Answered: You invest $4000 in two stocks. In one…

Name: You invest $4000 in two stocks. In one year,the value of StockA increa
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Description: You invest $4000 in two stocks. In one year,the value of StockA increases by 5.4% and the value of stockB increases by 12.8% The total value of the stocks is now $4401. How much did you originally invest in each stock?

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter11: Systems Of Equations

Section11.CR: Review Problem Set

Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...

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You invest $4000 in two stocks. In one year,the value of StockA increases by 5.4% and the value of stockB increases by 12.8% The total value of the stocks is now $4401. How much did you originally invest in each stock?

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