hamp06 hamp06
  • 20-01-2021
  • Mathematics
contestada

Can someone help me please?
Erwin invested $120,000 in stocks and bonds. If he made a 20% profit on his stocks and a 5% profit on his bonds, and the combined profit was $10,500, how much did Erwin invest in his stocks?

Respuesta :

tpynzdmtjz
tpynzdmtjz tpynzdmtjz
  • 20-01-2021

Answer:

120,000-30,000=$90000 in bonds or $4500 profit.

Step-by-step explanation:

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