Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

# need step by step on how to solve this problem. Thanks Michael Franklin has 16,000 invested in stock A and stock B. Stock A currently sells for $30 a...

need step by step on how to solve this problem. Thanks

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?

Michael Franklin has 16,000 invested in stock A and stock B. Stock A currently sells for $30 a share andstock B sells for $70 a share. If stock B triples value and stock A goes up 50%, his stock...