The money invested in stock X is $8,800.
Given,
Total investment in stock portfolio=$10000
Expected return from stock X=13%=0.13
Expected return from stock Y=8%=0.08
Expected return from portfolio=12.4%=0.124
The portfolio return is calculated by taking the weighted average of individual stock returns.
Let x represent the portfolio weightage of stock X.
1-x is the portfolio weightage of stock Y.
money invested in stock X be
0.124=0.13x+0.08(1-x)
0.124=0.13x+0.08-0.08x
0.124-0.08=0.05x
0.044=0.05x
x=0.88
money invested in stock X=0.88*10000=$8800
Thus, the money invested in stock X is $8,800.
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The answer is Colonial tea merchants. they were the ones making the money which gives them more of reason to resist it.
The answer is 37000 becuse 36.99=if rounded 37
Answer:
The Miami Dolphins had 3 touchdowns and 3 field goals.
Step-by-step explanation:
It is given that During their last game, the Miami Dolphins scored 6 times, for a total score of 30 points. They scored 7 points for each touchdown and 3 points for each field goal.
We need to write and solve the system of equations to find the total touchdowns and field goals scored.
Let x represents the number of touchdowns.
Let y be the number of field goals.
It is given that the Miami Dolphins scored 6 times
....(1)
They scored 7 points for each touchdown and 3 points for each field goal.
The total score is 30 points:
...(2)
Put the value of x from equation (1) into equation (2).





Put y = 3 in equation 1.


Hence, the Miami Dolphins had 3 touchdowns and 3 field goals.