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 Answer How to enter your answer (opens in new window) annuities 18% bonds 17% stocks 21% real estate 28.64 % Step 2 of 5: Find the amount of money that Jason should invest in annuities. Round your answer to the nearest hundredth, if necessary. S mutual funds 15.36 % Keypad Keyboard Shortcuts Tables Previous Step Answer
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 Answer How to enter your answer (opens in new window) annuities 18% bonds 17% stocks 21% real estate 28.64 % Step 2 of 5: Find the amount of money that Jason should invest in annuities. Round your answer to the nearest hundredth, if necessary. S mutual funds 15.36 % Keypad Keyboard Shortcuts Tables Previous Step Answer
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
Answer
How to enter your answer (opens in new window)
annuities 18%
bonds 17%
stocks 21%
Step 2 of 5: Find the amount of money that Jason should invest in annuities. Round your answer to the nearest hundredth, if necessary.
S
real estate 28.64%
12:05
mutual funds 15.36 %
Tables
Keypad
Keyboard Shortcuts
Previous Step Answer
Expert Solution

Step 1: Given
Given that,
Jason's total accumulated savings of $397749.
And he has to invest 18% of the savings in annuities.
Step by step
Solved in 3 steps with 1 images

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