Mark has accumulated $52,627 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 14 % stocks 16 % bonds 20% real estate 28.97% mutual funds 21.03% Step 4 of 5: Find the amount of money that Mark should invest in bonds. Round your answer to the nearest hundredth, if necessary.
Mark has accumulated $52,627 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 14 % stocks 16 % bonds 20% real estate 28.97% mutual funds 21.03% Step 4 of 5: Find the amount of money that Mark should invest in bonds. Round your answer to the nearest hundredth, if necessary.
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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![Mark has accumulated $52,627 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 14 %
stocks 16 %
bonds 20 %
real estate 28.97%
mutual funds 21.03 %
Step 4 of 5: Find the amount of money that Mark should invest in bonds. Round your answer to the nearest hundredth, if necessary.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F93d6464e-f155-4940-8921-7114e2ab97cc%2Fb48400b8-e50a-4a93-885c-699984f8eb0c%2Fg3x8h5t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Mark has accumulated $52,627 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 14 %
stocks 16 %
bonds 20 %
real estate 28.97%
mutual funds 21.03 %
Step 4 of 5: Find the amount of money that Mark should invest in bonds. Round your answer to the nearest hundredth, if necessary.
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