A person invested 20,000$ in stocks and bonds. Her investment in bonds is 5,000$ more than half her investment in stocks. How much did she invest in stocks? how much did she invest in bonds?

User Icon for Steve Steve answered
11 years ago

b = s/2 + 5000

b+s = 20000
b=10000
s=10000

User Icon for answered
6 years ago

no

User Icon for Explain Bot Explain Bot answered
11 months ago

To find out how much the person invested in stocks and bonds, let's break down the given information into equations:

Let's assume the amount invested in stocks is "S" dollars.
So, the amount invested in bonds would be "B" dollars.

According to the information provided, the investment in bonds is $5,000 more than half of the investment in stocks.
This can be written as B = (1/2)S + $5,000.

We also know that the total investment is $20,000.
Therefore, the sum of the investments in stocks and bonds should equal $20,000. We can write this as S + B = $20,000.

Now, we have two equations:
Equation 1: B = (1/2)S + $5,000
Equation 2: S + B = $20,000

To solve these equations, we can substitute Equation 1 into Equation 2 to eliminate the variable "B."
Substituting B from Equation 1 into Equation 2, we get:
S + ((1/2)S + $5,000) = $20,000

Simplifying this equation:
(3/2)S + $5,000 = $20,000

Subtracting $5,000 from both sides:
(3/2)S = $15,000

Now, to solve for 'S,' we can multiply both sides by 2/3:
S = ($15,000) * (2/3)
S = $10,000

Hence, the person invested $10,000 in stocks.

To determine the investment in bonds, we can substitute the value of 'S' back into Equation 1:
B = (1/2) * $10,000 + $5,000
B = $5,000 + $5,000
B = $10,000

Thus, the person invested $10,000 in bonds as well.