Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Henri has $24000 invested in stocks and bonds. The amount in stocks is $6000 more than three times the amount in bonds. Call the amount that henri invested in stocks s and the amount he invested in bonds b

Sagot :

francocanacari

Answer:

Henri invested $ 4,500 in bonds and $ 19,500 in stocks.

Step-by-step explanation:

Given that Henri has $ 24000 invested in stocks and bonds, and the amount in stocks is $ 6000 more than three times the amount in bonds, to determine the amount that Henri invested in stocks (S) and the amount he invested in bonds (B), the following calculations must be performed:

6000 + 3B + B = 24000

3B + B = 24000 - 6000

4B = 18000

B = 18000/4

B = 4500

S = 6000 + 3x4500

S = 6000 + 13500

S = 19500

Thus, Henri invested $ 4,500 in bonds and $ 19,500 in stocks.

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.