Madelyn has $4000 more invested in 4% fruit-and-vegetable stocks than she has invested in 7% oil stock. If the total annual income from these stocks is $1172, how much does she have invested in oil stocks?

Question

Mathematics

Clark Boyle

19 January, 02:52

Madelyn has $4000 more invested in 4% fruit-and-vegetable stocks than she has invested in 7% oil stock. If the total annual income from these stocks is $1172, how much does she have invested in oil stocks?

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Answers (1)

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Simon Spence · Answer 1

So the two equations would be

a = 4000 + b

0.04a + 0.07b=1172

a being fruit and vegetables, b been oil

Then you substitute a in, and the answer is b = 9200, so $9200.