
Lenny D. answered 05/30/19
Financial Professional with many years of Wall Street Experience
Let B= Amount invested in Bonds. We have B + (2B-4000) = 50,000 or 3B=54,000, B= 54,000/3 = 18,000 and the amount in stock = 32,000
Jaziel R.
asked 05/24/19Aaron has $50,000 to invest. His financial advisor recommends he invest in stocks and bonds, with the amount invested in stocks equaling $4000 less than twice the amount invested in bonds. How much should be invested in bonds?
Lenny D. answered 05/30/19
Financial Professional with many years of Wall Street Experience
Let B= Amount invested in Bonds. We have B + (2B-4000) = 50,000 or 3B=54,000, B= 54,000/3 = 18,000 and the amount in stock = 32,000
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