For the Fiscal Year 2000, Stock in Giveusmoney

question 139

Essay

For the fiscal year 2000, stock in giveusmoney.com gained 23%, while stock in Milton Steel increased by 8%. An investor bought a combined total of $6000 of stock in these companies at the
beginning of the year, and made a profit of $600. How much was invested in each company? Round your answers to the nearest cent.

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Definitions:

Verbal Organizations

Structures and procedures for arranging words and phrases systematically to create meaningful language or discourse.

Working Memory

An intelligence system with limited abilities, focused on short-term maintenance of information for processing activities.

Maintenance Rehearsal

A cognitive process that involves repeatedly verbalizing or thinking about a piece of information to keep it in short-term memory.

Depth-of-processing Approach

A theory that suggests the depth at which information is thought about or processed affects how well it is remembered; deeper processing involves meaningful analysis and leads to better recall.