Jason has accumulated $397,749 in savings and wishes to invest this money sensibly. The types of investments and their corresponding percentages, recommended by financial advisor, are shown in the following circle graph. Recommended Categories of Investment annuities 18 % bonds 17% Answer How to enter your answer (opens in new window) stocks 21% real estate 28.64% mutual funds 15.36 % Step 1 of 5: Find the amount of money that Jason should invest in real estate. Round your answer to the nearest hundredth, if necessary. Keypad Keyboard Shortcu Tables
Jason has accumulated $397,749 in savings and wishes to invest this money sensibly. The types of investments and their corresponding percentages, recommended by financial advisor, are shown in the following circle graph. Recommended Categories of Investment annuities 18 % bonds 17% Answer How to enter your answer (opens in new window) stocks 21% real estate 28.64% mutual funds 15.36 % Step 1 of 5: Find the amount of money that Jason should invest in real estate. Round your answer to the nearest hundredth, if necessary. Keypad Keyboard Shortcu Tables
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Jason has accumulated $397,749 in savings and wishes to invest this money sensibly. The types of investments and their corresponding percentages, recommended by a financial advisor, are shown in the following circle graph.
**Recommended Categories of Investment:**
- **Real Estate:** 28.64%
- **Stocks:** 21%
- **Annuities:** 18%
- **Bonds:** 17%
- **Mutual Funds:** 15.36%
The circle graph is divided into colored segments representing the different investment categories and their corresponding percentages of the total investment. Each segment's size visually depicts the proportion of the total investment recommended for each category.
**Step 1 of 5:**
Find the amount of money that Jason should invest in real estate. Round your answer to the nearest hundredth, if necessary.
**Answer:**
(Enter your answer in the provided box)
- Use the total savings amount and the percentage for real estate to calculate the investment.
This activity helps you practice calculating investment amounts based on percentages and understand the distribution of a diversified investment portfolio.
Expert Solution

Step 1: Given Information:
Jason has accumulated .
The pie chart indicates the types of investments and their corresponding percentages.
Step by step
Solved in 3 steps with 4 images

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