An investor placed a total of $100,000 into two stocks. At the end of the year stock x returned 10% and stock y only returned 5%. After one year the total return was $8,000. How much was invested in stock x?   Question 10 options:   $60,000   $75,000   $40,000

Chemistry: The Molecular Science
5th Edition
ISBN:9781285199047
Author:John W. Moore, Conrad L. Stanitski
Publisher:John W. Moore, Conrad L. Stanitski
Chapter3: Chemical Reactions
Section: Chapter Questions
Problem 16QRT
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An investor placed a total of $100,000 into two stocks. At the end of the year stock x returned 10% and stock y only returned 5%. After one year the total return was $8,000. How much was invested in stock x?

 

Question 10 options:

 

$60,000

 

$75,000

 

$40,000

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