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 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 3 of 5: Find the amount of money that Jason should invest in bonds. Round your answer to the nearest hundredth, if necessary. Keypad Keyboard Shortcuts Tables Previous Step Answers

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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%
- **Annuities:** 18%
- **Bonds:** 17%
- **Stocks:** 21%
- **Mutual Funds:** 15.36%

**Graph Description:**

The circle graph is divided into five segments, each representing a category of investment and its respective percentage of Jason’s total investment. The largest portion is allocated to real estate, covering 28.64% of the circle. Annuities are assigned 18%, followed closely by stocks at 21%. Bonds account for 17%, and mutual funds take up the smallest segment at 15.36%.

**Step 3 of 5:** 

Find the amount of money that Jason should invest in bonds. Round your answer to the nearest hundredth, if necessary.

**Answer:**

To be entered in the provided box for calculation or submission.
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% - **Annuities:** 18% - **Bonds:** 17% - **Stocks:** 21% - **Mutual Funds:** 15.36% **Graph Description:** The circle graph is divided into five segments, each representing a category of investment and its respective percentage of Jason’s total investment. The largest portion is allocated to real estate, covering 28.64% of the circle. Annuities are assigned 18%, followed closely by stocks at 21%. Bonds account for 17%, and mutual funds take up the smallest segment at 15.36%. **Step 3 of 5:** Find the amount of money that Jason should invest in bonds. Round your answer to the nearest hundredth, if necessary. **Answer:** To be entered in the provided box for calculation or submission.
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