Question

You have $1,000 to invest. You invest 25% in a Money Market account, 50% in stocks, and 25% in bonds. What is the dollar amount invested in each? nvm the answer is 250 500 250

Answer 1

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 2

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.