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19 January, 02:12

Eli invested a total of $2000 in two stocks. One stock cost $18.50 per share, and the other cost $10.40 per share. Eli bought a total of 130 shares. Write and solve a system of equations to find how many shares of each stock Eli bought.

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  1. 19 January, 03:38
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    18.5x + 10.4 (130 - x) = 2000

    18.5x + 1352 - 10.4x = 2000

    8.1x = 648

    x = 80

    El bought 80 $18.50 shares, and bought 50 $10.40 shares.
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