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
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
Section: Chapter Questions
Problem 1P
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Question

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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Jason saving ammount=397749
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