1. What is the projected annual return rate?

a. 9.57%

b. 10.50%

c. 10.40%

d. 8.50%

e. 9.35%

2. What is the total amount invested on stocks?

a. $ 8,000

b. $ 10,000

c. $ 7,500

d. $ 2,500

e. $ 12,500

3. What is the total amount invested in bonds?

a. $ 32,000

b. $ 30,000

c. $ 20,000

d. $ 10,000

e. $ 50,000

4. What is the total amount invested in tax-deferred annuity?

a. $ 10,000

b. $ 16,000

c. $ 18,000

d. $ 25,000

e. $ 15,000

The Investment Club has obtained $50,000 from its members. Collectively, the members have selected three stocks, two bond funds, and a tax-deferred annuity shown in the following: Stock ABC (High Risk) 15% projected annual return Stock DEF (Moderate Risk) 12% projected annual return Stock - GHI (Low Risk) 9% projected annual return Bonds Long term 11% projected annual return Bonds - Short term 8% projected annual return Tax-deferred annuity 6% projected annual return The club members have the following strategies for investment: 1. All $50,000 is to be invested. 2. At least $10,000 is to be invested in the tax-deferred annuity 3. At least 25% of the funds invested in stocks are to be in the low-risk stock 4. At least four times as much is to be invested in bonds as stocks 5. No more than $12,500 is to be placed in investment with projected annual return of less than 10%