Over the previous 5 years, the median return for general stocks funds was as follows: Large Growth (LG) 9% Small Growth (SG) 11.3% and Large Value (LV) 16.1%Suppose you have $20000 to invest in these three funds and decide to invest $2000 more in the Large Growth fund than in the Small Growth fund. Assume these funds will earn at the five year median level over the next year.

(a) How much should you invest in each fund for one year if you want your average return to be 11%?

Carry out all calculations with four decimal places and round the final answer to two decimal places.

You should invest $_____?_____ in the Large Growth fund, $______?______ in the Small Growth fund, and $______?______ in the Large Value fund.

(b) How much if you want a return of 13%?

Carry out all calculations with four decimal places and round the final answer to two decimal places.

You should invest $_____?_____ in the Large Growth fund, $______?______ in the Small Growth fund, and $______?______ in the Large Value fund.

(c) How much if you want a return of 14%?

Carry out all calculations with four decimal places and round the final answer to two decimal places.

You should invest $_____?_____ in the Large Growth fund, $______?______ in the Small Growth fund, and $______?______ in the Large Value fund.