Answer:
$16,000 in stocks
$8,000 in bonds
Step-by-step explanation:
He invests 2x in stocks and x in bonds.
The total investment is 2x + x = 3x.
The total investment is $24,000.
3x = 24,000
x = 8,000
Stocks: 2x = 2(8,000) = 16,000
Bonds: x = 8,000
Answer:
$16,000 in stocks
$8,000 in bonds
