Stock Investment. On starting a new job, Cameron gets a
Chapter 9, Problem 23(choose chapter or problem)
Stock Investment. On starting a new job, Cameron gets a $30,000 signing bonus and decides to invest the money. She invests some in a money market account earning 3% and some in two different stocks. The aggressive stock rose 12% last year, and the conservative stock rose 6% last year. She invested $1000 more in the aggressive stock than in the conservative stock, and in 1 year she earned $1890 on the investment. How much did she put in the money market, and how much was invested in each stock?
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