Answer:
Money Market: $250
Stocks: $500
Bonds: $250
Explanation:
To find the dollar amount invested in each, multiply the total amount of money you have to invest by the percentage being invested.
Money Market
25% of $1,000
25%*1,000
Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.
25/100=0.25
25.0-->2.5-->0.25
0.25*1,000=250
$250 is invested in the money market account.
Stocks
50% of $1,000
50%*1,000
Convert 50% to a decimal by dividing 50 by 100, or moving the decimal place 2 spots to the left.
50/100=0.50
50.0-->5.0-->0.50
0.50*1,000=500
$500 is invested in stocks.
Bonds
25% of $1,000
25%*1,000
Convert 25% to a decimal by dividing 25 by 100, or moving the decimal place 2 spots to the left.
25/100=0.25
25.0-->2.5-->0.25
0.25*1,000=250
$250 is invested in bonds.
$250 is invested in a money market account, $500 in stocks, and $250 in bonds.
Answer:
The answer is $250, $500, $250
Explanation:
I just got this question and I'm shocked to get this one correct.
Hope it helps with the Diversification Math Quiz.
