Henri has $24,000 invested in stocks and bonds. The amount in stocks is $6,000 more than three times the amount in bonds. Call t

Question

Svetradugi

2 months ago

12

Henri has $24,000 invested in stocks and bonds. The amount in stocks is $6,000 more than three times the amount in bonds. Call t

he amount that Henri invested in stocks s and the amount he invested in bonds b.

Mathematics

2 answers:

babunello [11.8K] · Answer 1 · 2026-03-19T18:02:32+03:00

Answer:

Bonds: $4,500

Stocks: $19,500

Step-by-step explanation:

To solve this, formulate a basic equation using "x" to represent bonds, making the stocks equal to three times the bond amount plus $6,000, leading to the expression 3x + 6,000. When you add both, the result totals $24,000.

The equation would be:

$x+ (3x+6,000)=24,000\\4x+6,000=24,000\\4x=24,000-6,000\\4x=18,000\\x=4,500$

zzz [12.3K] · Answer 2 · 2026-03-19T18:01:36+03:00

Answer:

The solution to this problem indicates that Hernry invested $18,000 in stocks and $6,000 in bonds.

Step-by-step explanation:

First, you need to multiply 6 by 3. The outcome is 18, meaning it is three times higher than the bond amount. Next, subtract $24,000 from $18,000, which gives you $6,000, representing the bond investment. Hence, it is three times less than the stocks as the question describes.