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Posted on Sep 09, 2024

A person has $ 3 8 , 0 0 0 invested in stock A and stock B . Stock A currently sells for $ 4

A person has $ $38, 000$ invested in stock A and stock B $.$ Stock A currently sells for $ $40$ a share and stock B sells for $ $60$ a share. If stock B doubles in value and stock A goes up $50 %,$ his stock will be worth $ $66, 000 .$ How many shares of each stock does he own?

The person owns shares of stock A and shares of stock $B .$

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