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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...