Ask Question
12 May, 00:00

Eli invested a total of $2000 in two stocks. One stock cost $18.50 per share, and the other cost $10.40 per share. Eli bought a total of 130 shares. Write and solve a system of equations to find how many shares of each stock Eli bought.

+3
Answers (1)
  1. 12 May, 03:25
    0
    18.5x + 10.4 (130 - x) = 2000

    18.5x + 1352 - 10.4x = 2000

    8.1x = 648

    x = 80

    El bought 80 $18.50 shares, and bought 50 $10.40 shares.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Eli invested a total of $2000 in two stocks. One stock cost $18.50 per share, and the other cost $10.40 per share. Eli bought a total of ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers