Question
Michael Franklin has $19,000 invested in stock A and stock B.Stock A currently sells for $50 a share and stock B sells for $90 a
Michael Franklin has $19,000 invested in stock A and stock B.Stock A currently sells for $50 a share and stock B sells for $90 a share.If stock B triples in value and stock A goes up 50%, his stock will be worth $42,000.How many shares of each stock does he own?
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
