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Math Help - stock problem

  1. #1
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    Feb 2009
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    1

    Exclamation stock problem

    Here is the division of stock that Zach and Clint agreed upon.
    Total Shares: 1,250
    Total value of shares: $35,890

    Zach recieved his amount of shares that were valued at $29.70 each. (Use X to represent the number of Shares he recieved.)

    Clint recieved his amount of shares that were valued at $27.80 each. (Use 1,250 - X to represent the number of shares Clint Received.)

    * How many shares did each recieve?
    * What is the total value of Zach's shares?
    * What is the total value of Clint's Shares?
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  2. #2
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    Joined
    Jan 2009
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    29.70x+27.80(1250-x)=35890

    29.70x+34750-27.80x=35890

    1.9x+34750=35890

    1.9x=1140

    x=600

    Zach received 600 shares valued at $17,820

    29.70*600=17820

    1250-600=650

    Clint received 650 shares valued at $18,070

    27.80*650=18070
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