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Investing question..

An investment of $12,250 is divided into two accounts, one for stocks and one for mutual funds. The value of the stock account is $2000 less than twice the value of the mutual fund account.

Find the amount in the stock account.



my answer was $10,250....what did you get and how do u get your answer?



Answer Question
 
Anonymous

Asked by Anonymous at 8:54 PM on Feb. 28, 2011 in

Answers (3)
  • $10,250 Divide 12,250 by 2 and got 6,125. Multiply 6,125 by 2 and get at your starting amount of 12, 250 and subtract 2,000 gets your answer of 10,250.
    proudmom2510

    Answer by proudmom2510 at 9:00 PM on Feb. 28, 2011

  • 7500

    I found how much was in the mutual account first with this formula: x2000=12250 .... x=4750 in mutual
    4750 x 2=9500-2000 = 7500
    Anonymous

    Answer by Anonymous at 9:11 PM on Feb. 28, 2011

  • x + 2x -2000=12250 ***
    Anonymous

    Answer by Anonymous at 9:12 PM on Feb. 28, 2011

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