**Investment Allocation Problem**A person plans to invest a total of $180,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60% of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 4 times the amount in international stocks. Finally, she needs an annual return of $7,200. Assuming she gets annual returns of 2.5% on the money market account, 3.5% on the bond fund, 4% on the international stock fund, and 6% on the domestic stock fund, how much should she put in each investment?**Question Prompt:**The amount that should be invested in the money market account is $_____. (Type a whole number.)

Let she invested x amount of money in money market and y amount of money in international stock.…

Answered: A person plans to invest a total of…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Pam and Jim are saving money for their two children who they plan to send to university. The eldest child will enter university in 5 years while the younger will enter in 7. Each child is expected spend four years at university. University fees are currently R 20 000 per year and are expected to grow at 5% per year. These fees are paid at the beginning of each year. Pam and Jim currently have R40 000 in their savings and their plan is to save a fixed amount each year for the next 5 years. The first deposit taking place at the end of the current year and the last deposit at the date the first university fees are paid.Pam and Jim expect to earn 10% per year on their investments. What amount should they invest each year to meet the cost of their childrens university fees?R
Suppose a mutual fund has a portfolio of stocks that have a market value of $10.75 billion and the company has 900 million shares of stock. What is the net asset value (in dollars) of a share of the mutual fund?
Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 40% of its original value. During the second year, your investment at the end of year one increases by 50%. Your advisor tells you that there must have been a 10% overall increase of your original $9,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $9,000 investment? Select the correct choice below and fill in the answer boxes to complete your choice. (Type a whole number.) O A. No, there is an actual percent gain of % O B. Yes, there is an actual percent loss of % O C. Yes, there is an actual percent gain of % O D. No, there is an actual percent loss of %
Lynn and Kim own two competing convenience stores. Both of them purchase a similar shipment of chocolate bars for $2,800.00 every month to sell at their stores. Lynn has a rate of markup of 45.00% on cost of her chocolate bars and Kim has a rate of markup of 30.00% on selling price of her chocolate bars. a. Which store sells the shipment of chocolate bars for a cheaper price? b. How much cheaper are the chocolate bars? rount to 2 dermical places.
7.) Your 401K saving account was worth $5,500. During the first year it was invested it lost 8%. During the second year, it gained 10%. What was the value of your 401K after the first 2 years?
You decide to buy some lattes for your office group from Starbucks. Suppose your local Starbucks charges a pre-tax price of $4.45 for a Grande latte and you want to buy some for office group and one for you. You also decide to purchase a pumpkin scone for you for $3.65 (pre-tax). In addition, you must pay the sales tax in Spokane of 8.7% and you want to leave 15% tip (using the subtotal and tax) for the barista. If you have $50 to spend on this how many lattes can you buy? How much will you have left over?

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