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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
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Apr 6, 2022
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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?
Mathematics
high-school
AleksW
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Answer:
120,000-30,000=$90000 in bonds or $4500 profit.
Explanation:
UModeL
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Apr 13, 2022
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UModeL
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