• Wei has three types of shares: A, B and C. A shares pay 8%, B shares pay 6%, and C shares pay 11%dividends. Wei has twice as much invested in B shares, and has $50 000 invested altogether. The yearly return from the share dividends is $4850. How much is invested in each type of share?

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05-03-2022
Mathematics

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• Wei has three types of shares: A, B and C. A shares pay 8%, B shares pay 6%, and C shares pay 11%dividends. Wei has twice as much invested in B shares, and has $50 000 invested altogether. The yearly return from the share dividends is $4850. How much is invested in each type of share?

Sagot :

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