Question achel Simmons Simmons has $36 comma 000 36,000 invested in stock A and stock B. Stock A currently sells for $20 20 a share and stock B sells for $80 80 a share. If stock B doubles doubles in value and stock A goes up 50%, her her stock will be worth $70 comma 000 70,000. How many shares of each stock does she she own?
Question
achel
Simmons
Simmons has $36 comma 000
36,000 invested in stock A and stock B. Stock A currently sells for $20
20 a share and stock B sells for $80
80 a share. If stock B doubles
doubles in value and stock A goes up 50%, her
her stock will be worth $70 comma 000
70,000. How many shares of each stock does she
she own?