Marty has $1000 to invest. part of this he invests in Stock a part in Stock b.
At the end of the year stock a pays a 5% dividend and stock b a 10% dividend.
If his total dividends from the 2 stocks are $80 that year, how much did he invest in Stock a?
I have nooooo clue how to set it up to even begin solving!!!!~
Help please!!!~
2007-04-05
19:14:44
·
7 answers
·
asked by
Anonymous
in
Science & Mathematics
➔ Mathematics
Thanks so much everyone! the correct answer is $400, according to the back of the book. (lol) But now I actually understand it for my test tomorrow!!!~ Thanks soooo much!!!~
2007-04-05
19:34:01 ·
update #1