An Investor Has $12,000 to Purchase Stock in Two Companies

question 183

Essay

An investor has $12,000 to purchase stock in two companies.If the first stock sells for $45 per share,and the second stock sells for $62 per share,find an equation that shows the possible ways to purchase the stock.

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Definitions:

Binet and Simon

Alfred Binet and Théodore Simon developed the first practical intelligence test in the early 20th century, laying the groundwork for modern IQ testing.

Ebbinghaus and Thorndike

Two influential psychologists; Ebbinghaus is known for his work on memory and forgetting, while Thorndike is known for his work on learning and the law of effect.

IQ Test

A standardized test designed to measure human intelligence and cognitive abilities in relation to an age group, often used for educational placement, assessment of intellectual disability, and job applicant evaluation.

Creative Intelligence

An aspect of intelligence that involves the ability to deal with new situations using past experiences and current skills.