Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Question Help me answer this question. I also need you to show me the steps on how you got the answer. /> Michael Franklin has 16,000 invested in stock A and stock B. Stock A currently sells for $30 a share and stock B sells for $70 a share. If stock B triples value and stock A goes up 50%, his stock will be worth $34,500. How many shares of each does he own?

/in /by

Question

Help me answer this question. I also need you to show me the steps on how you got the answer. />Michael Franklin has 16,000 invested in stock A and stock B. Stock A currently sells for $30 a share and stock B sells for $70 a share. If stock B triples value and stock A goes up 50%, his stock will be worth $34,500. How many shares of each does he own?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"