System of two equations, System of two equations.

System of two equations

Assignment Help Algebra

Reference no: EM1316179

Question: Assume Bob owns 2,000 shares of Company X and 10,000 shares of Company Y. The total value of Bob's holdings of these two companies is $340,000.

Assume Frank owns 8,000 shares of Company X and 6,000 shares of Company Y. The total value of Frank’s holdings of these two companies is $340,000.

[A] Solve for the value of a share of Company X and Company Y. Show your work so you can get partial credit even if your final answer is wrong.
[B] Make equations for Bob and Frank's holdings. Use the variables X and Y to represent the values of shares of Company X and Company Y.

Reference no: EM1316179

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