A money manager wants to invest $12,400 in three stocks whose symbols are HAL which sells for $100 per share and pays a dividend of 0.5%, POM which sells for $20 and pays a dividend of 1.5% and WELL that sells for $25 and pays no dividend. The investment was expected to earn $56.00 in annual dividends. He purchased 200 shares. Let x, y, and z be the number of shares of HAL, POM, and WELL respectively. How do you set up the equations to get x, y, and z?

Question

A money manager wants to invest $12,400 in three stocks whose symbols are HAL which sells for $100 per share and pays a dividend of 0.5%, POM which sells for $20 and pays a dividend of 1.5% and WELL that sells for $25 and pays no dividend.  The investment was expected to earn $56.00 in annual dividends. He purchased 200 shares.  Let x, y, and z be the number of shares of HAL, POM, and WELL respectively. How do you set up the equations to get x, y, and z?