Question
A person plans to invest a total of 160000 in a money market account, a bond fund an international stock fund and a domestic fund.
A person plans to invest a total of 160000 in a money market account, a bond fund an international stock fund and a domestic fund. she wants 60% of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 4 times the amount in international stocks. Finally she needs an annual return of 6400. Assuming she gets annual returns of 2.5% on the money market account, 3.5% on the bond fund, 4% on the international stock fund, 6% on the domestic stock fund, how much should she put in each investment?
The amount that should be invested in the money market account is $.......
The amount that should be invested in the bond fund is ........
The amount that should be invested in the international stock fund is ......
The amount that should be invested in the domestic stock fund is .....
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