SOLUTION: ~~~~~1. The graph shows how 10,000 is invested. After 10% of the amount that is invested in bonds is reinvested in CD's , how much money is invested in CD's? Investment Portfoli

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: ~~~~~1. The graph shows how 10,000 is invested. After 10% of the amount that is invested in bonds is reinvested in CD's , how much money is invested in CD's? Investment Portfoli      Log On


   

Question 979353: ~~~~~1. The graph shows how 10,000 is invested. After 10% of the amount that is invested in bonds is reinvested in CD's , how much money is invested in CD's?
Investment Portfolio
Bonds -- 50%
Stocks -- 25%
Mutual Funds -- 15%
CD --10%
My answer for the first one was 15%.

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


You were right to say that 15% of the money was now invested in CDs, except that does not answer the question that was asked. The question asks, "how much money is invested in CDs?".

John

My calculator said it, I believe it, that settles it