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Kendall, age 25, contributes $160 per month to a 401(k) retirement plan. It will be many years before she needs the money, so she can
Kendall, age 25, contributes $160 per month to a 401(k) retirement plan. It will be many years before she needs the money, so she can afford to take some risks. She has allocated 80% to a stock fund, 12% to a bond fund, and 8% to a money market fund. How many dollars are going to each fund?
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