Laurie has $46,000 invested in stocks. The amount invested in stocks is $8,000 less than three times the amount invested in bond
s. How much does laurie have invested in bonds?
1 answer:
Investment in stocks = 46,000
Let "x" represent the sum invested in bonds
The stock investment can also be expressed as = 3x - 8,000
Equating the two investment amounts (Given their relation to stock investments), yields
3x-8000 = 46000
3x = 54000
x =54000/3
x =18000
Laurie's investment in bonds amounts to $18,000
You might be interested in
Answer:
Commissions:
Accessory: $2
Phone: $9
Step-by-step explanation:
The equation is 18p + 21a = 204
Another equation is 6p + 14a = 82
From the first equation, we can find that 21a = 42
Thus, a = 2
p = [82 - 14(2)]/6 = 9
9×2=18. then append the two zeros: 9×2=18+00=1,800
The result is 0.81 because you must multiply 0.60 by 1.35 to get 0.81. Then divide 0.81 by 0.60.
