SOLUTION: I need help with this question: Helen has 1/5 of her portfolio in US stocks, 1/8 in European stocks, and 1/10 in Japanese stocks. The remainder is in municipal bonds. What FRA

Question 44588: I need help with this question:
Helen has 1/5 of her portfolio in US stocks, 1/8 in European stocks, and 1/10 in Japanese stocks. The remainder is in municipal bonds. What FRACTION of of her portfolio is in Municipal bonds? What PERCENT is invested in municipal bonds?
Answer by Nate(3500) (Show Source): You can put this solution on YOUR website!
1 - 1/5 - 1/8 - 1/10
40/40 - 8/40 - 5/40 - 4/40
(40 - 8 - 5 - 4)/40
23/40 in municipal bonds
23/40 = 0.575 = 57.5%
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