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12 June, 03:38

An investor owns shares of Stock A and Stock B. The investor owns a total of 200 shares with a total value of $4000. How many shares of each stock does the investor own?

stock price

a $9.50

b $27.00

The investor owns___shares of Stock A. The investor owns___shares of Stock B.

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  1. 12 June, 06:21
    0
    This can be solve by establishing system of equations

    Let a be number of shares of stock A

    B number of shares of stock B

    a + b = 200

    9.5a + 27b = 4000

    Solving the two equation

    a = 80 shares of stock A

    b = 120 shares of stock B
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